Ivory Coast (Ivory Coast) Information on minimum wages and taxes.

Information about minimum wages and taxes in Ivory Coast is as follows: Minimum Wage: In Ivory Coast, the minimum wage is determined by a commission determined annually by labor unions, employers and the government. As of 2021, the minimum wage amount has been determined as 60,000 F CFA (Ivory Coast Francs) per month. Taxes: Taxes in Ivory Coast consist of income tax, corporate tax, value added tax (VAT) and some other taxes. - Income Tax: In Ivory Coast, income tax is determined according to the income a person earns. Income tax rates are regulated as follows: - Tax rate for income brackets between 0% and 10%: 0% - Tax rate for income bracket between 10% and 30%: 10% - Tax rate for income bracket between 30% and 45%: 30% - Tax rate for income brackets of 45% and above: 45% - Corporate Tax: In Ivory Coast, corporate tax is collected on the profits made by companies. The corporate tax rate is generally 25%. - Value Added Tax (VAT): The VAT rate, known as consumption tax in Ivory Coast, is generally 18%. However, different rates may apply for some products and services. - Other Taxes: Other taxes in Ivory Coast include taxes such as property tax, vehicle tax, and special consumption tax on alcohol and tobacco products. This information serves as general information. Tax rates and regulations in Ivory Coast may change from time to time, so it is important to obtain up-to-date information on tax matters from authorities or experts.

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