“There are no taxes created or increases in existing taxes”

by time news

2024-01-07 22:55:25

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The 2024 finance law provided for several measures and innovations but no new taxes or tax increases. The Director General of Taxes, Nicolas Yenoussi made this known on the Grand Angle program on Crystal news this Sunday, January 7, 2024.

What you should know: The 2024 finance law passed provided for on behalf of the General Directorate of Taxes, for internal taxation, a forecast of 1102 billion FCFA, 102 billion for customs, 94 billion for the treasury and 5 billion for the Andf. This law does not provide for the creation of new taxes, better still, existing taxes will not increase. “In the 2024 finance law, there is no tax created. There is no increase in existing tax rates,” he said. During the interview, the Director General of Taxes, Nicolas Yenoussi explained the new measures contained in the said law. These measures, according to him, call for broadening the tax base. The objective therefore is to bring companies and any other person who were not known to the tax services to join the ranks. According to his explanations, a landowner who has tax arrears, according to the new law, is exempt from paying the arrears, if he tries to pay his taxes throughout 2024. Nicolas Yenoussi also returned to the increase in prices of foodstuffs and products in Benin in recent months. According to him, this surge in prices is not due to taxes, but rather to the resurgence of economic crises around the world. “Since the Covid pandemic and after the Russo-Ukrainian war, the amount of freight has increased. Traders will tell you that the containers they could rent for 5 million have increased to 15 million. By paying the freight price of these containers, the interested party is obliged to pass on,” he explained. He thus discussed the various efforts made by the government to moderate the crisis in terms of taxation and allow people to get out of it. “There have been tax mergers. We have merged taxes on food products because the same person finds himself paying customs and taxes,” he noted, among other things. Furthermore, the DG of Taxes informs that new four-wheel vehicles imported, manufactured or sold in new condition also benefit from tax advantages during 2024.

Aren’t taxes used by politics: On the subject, the Director General of Taxes, Nicolas Yenoussi was clear. According to these words, no politician can use taxes as he wishes. On the other hand, he claims to have observed that people wanting a high position do not want to pay taxes willingly. During the show, the guest talked about the only skill that politicians, especially candidates, must have as the elections approach. “They must update themselves by paying property taxes, TVM…”, he insists. For those who do not know how to go about it, Nicolas Yenoussi stressed that there is a taxpayer service unit which receives users on their specific problems.

Seated. HAS

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