- Finance Law 2026 introduces major direct and indirect tax changes effective January 1, 2026, including reduced SEZ tax exemptions, new professional training tax credit, and separate taxation of individual income categories.
- VAT framework is expanded to digital services, requiring both resident and nonresident platforms to collect and remit VAT, with a reverse charge mechanism for non-VAT registered suppliers.
- VAT exemptions are extended to renewable energy, agricultural equipment, medical products, and certain food items; a reduced 9% VAT rate applies to local dairy and meat products.
- New excise taxes are imposed on imported beverages, with increased rates for polypropylene and cosmetics, and new duties on agricultural exports; customs duties are reduced for electric vehicles.
- Mandatory e-invoicing, exclusive use of the e-Tax system, stricter compliance requirements for digital platforms, and decentralization of dwelling taxes to local municipalities are introduced.
Source: kpmg.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 "Chad"
- Chad Expands VAT Exemptions and Applies VAT to Digital Economy Under 2026 Finance Law
- Chad Reduces Customs Value by 75% for Imported Hybrid and Electric Vehicles
- Global VAT Guide: March 2025
- Chad Extends VAT Obligation to Digital Platforms, Effective January 2025
- Significant developments in Chad – Exemption & Rate of refuelling operations
