Tax exemption for media and tourism businesses in Senegal
Senegal gives tax exemption to media, tourismPublished on January 11, 2021, The Point
The development came following Mamadou Ibra Kane, president of the Senegalese Publishers Newspaper Association, who wrote to the president explaining the serious constraints that the Senegalese media faced to survive in the market. Among other things such as paying salaries to workers, running the product cost of the newspapers all as a result of the COVID-19 pandemic.
In reply, President Macky Sall has decided to double government annual subvention, which was 700 million CFA equivalent to 63 million dalasis to 1.4billion CFA, an equivalent of 126 million dalasis.
All taxes including VAT 2020 and 2021 were exempted as well for the tourism sector.