By means of its gross margin the tax administration

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with regard to the deposit. By means of its gross margin, the Tax Administration intends, through its circular of 12 January 2017, "the difference between the selling price and the cost price, plus bonuses and commissions of all kinds". It is not specified here whether the bonuses and commissions are given, received, or both. Moreover, the concept of Gross Margin is universal and has been taken over by the Organization for the Harmonization in Africa of Business Law (OHADA). Thus, within the meaning of the Uniform Act on the organization and harmonization of the accounts of undertakings, Gross margin is rather the difference between the selling price (excluding VAT) and the purchase price (excluding VAT) of goods and/or goods Materials. On this basis, the imposition of the gross margin at 14% for the Marketers for example would have represented an interim dividend of about 1.48% of the turnover excluding VAT of the said Marketers. The definition of IMB, for its part, refers to the gross margin rather at the level of profit before corporate tax. By applying a rate of 14%, one obtains a deposit of IS of about 0.85% of the Turnover excluding VAT of the same Marketers. This definition of tax administration, which is contrary to the rule, should be reported without delay.
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23.- Strengthening measures to promote young employment (Article 105 & 106 new).- The Finance Act for the financial year 2016 devolved the total exemption from tax and employer charges on wages paid to Young graduates under 35 years of age recruited under open-ended contracts. With a view to strengthening the scope of incentives for the promotion of youth employment, the Finance Law for the financial year 2017 extends its scope to the forms of employment initially not covered. Thus, from January 1, 2017, the benefit of the exemption of tax and employer taxes on the salaries paid to young graduates recruited in the framework of a first job is extended to the recruitments under the contracts Term and pre-employment practical placements. The period of validity of the benefit of these exemptions remains unchanged. 24.- Strengthening measures to promote approved management centers (Articles 119 (1) and (3)).- In order to supplement the incentive scheme of the Authorized Management Centers (AMC) set up with the Finance Law for the financial year 2016 (see our contribution "Tax novelties in 2016"), additional measures are granted to members of AMC and their promoters through the Loi de Finances for the financial year 2017. This is the case of the 50% abatement on the basis of calculating the withholding tax on purchases of distributors, members of the CGAs, when these purchases are The list of which has been fixed by Order no. 00002/MINFI/SG/DGI of 5 January 2017. This is also true of the exemption from tax and employer charges on wages paid to Shall employ AMC, where such AMC have at least 100 active members.
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  • Fall '19
  • tax administration

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