Togo: Tax office warns businesses owing taxes to settle their dues before January 31

Economic governance
Tuesday, 28 January 2020 12:54
Togo: Tax office warns businesses owing taxes to settle their dues before January 31

(Togo First) - In Togo, all business that still owe taxes and duties must settle their dues by January 31, 2020. The deadline was set by the tax office, Office Togolais des Recettes (OTR), according to a recent statement released by the institution. 

The tax office threatens to publish, on its website, the names of firms that will fail to pay what they owe within the set period. 

The concerned operators will, in line with article 10 of Togo’s fiscal regulation, no more be able to retrieve imported goods. According to the law, “a 15% customs value will be levied on each import transaction.”  

Let’s recall that last April, the OTR released the list of businesses that have settled all taxes. The tax office at the time urged businesses still owing to pay their dues. 

Séna Akoda

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