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BENIN TAX REFORM: ALL KNOWLEDGE ON STANDARDIZED FACTURES

Tuesday 6 July 2021 was held in the conference room of the General Directorate of Customs and Indirect Rights, an information and awareness-raising session of the actors of the port chain, economic operators on the standard invoices.

This session, co-chaired by the Director General of Customs and Indirect Rights and the Deputy Director General of Taxes, served as a reminder of the objectives of the reform, which in its implementation aims to: (i) (ii) (iii) (iv) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) (v) ( (ii) and on the other hand to assist the State in recovering the VAT paid by taxpayers on their various purchases of goods and services for the construction of the country. It is therefore necessary to achieve an efficient increase in tax revenues through this reform. The session was attended by some 100 participants and served to demonstrate its benefits. These are:

For businesses, the reform allows, among other things:

– an improvement in company accounting;

– healthier competition (fight against unfair competition;

– authenticity and integrity of buying and selling operations;

– a reduced presence of tax inspectors in companies for checks;

– fewer tax adjustments related to turnover concealments;

– and a possible reduction in tax rates.

It should be noted that to acquire the machine, you only have to go to the website of the Tax Directorate via the link http://www.impots.finances.gouv.bj/how-sacquerir-des-mecef/ and contact a supplier who will not only sell the machine, but will also handle its installation, activation and training of users.

For more information, please contact the Directorate General of Taxes of Benin

Tel. : +229 21 30 35 22 / +229 94 95 44 15

E-mail : mecefbenin@finances.bj

Website : http://www.impots.finances.gouv.bj/mecef/