- Reduction of statistical tax rate on re-exports of petroleum products and raw material imports from 5% to 1%.
- VAT exemptions for SMEs importing new equipment, soybean exports, new vehicles, and certain construction materials.
- Extension of input VAT deduction for fuel used in company vehicles and machinery.
- Waiver of late payment penalties for lump sum property tax payments and voluntary tax regularizations.
- VAT exemption on imports of aircraft, aerostats, and related spare parts.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Benin"
- Benin Enforces 18% VAT on Digital Services: Compliance and Penalties for Non-Established Platforms
- Benin Enforces VAT Compliance for Non-Established Digital Platforms in Evolving E-Commerce Regime
- Benin Updates VAT Exemption Conditions for Foreign NGOs with New Authorization Requirements
- March 2025 Tax Headlines: Global VAT News
- Benin Extends VAT Exemptions for Vehicles, Gas, and SMEs














