The VAT System in the Democratic Republic of Congo and Its Challenges

Journal
Author
Kabongo, T.M.M.
Country
Congo (Dem. Rep.)
Published Date
Issue
International VAT Monitor 2017 (Volume 28), No. 1
FormatPDF
EUR
45
| USD
50 (VAT excl.)

On 1 January 2012, the Democratic Republic of Congo introduced value added tax in replacement of the tax on turnover to align its tax system to the recommendations of the International Monetary Fund. In this article, the author describes the main features of the VAT system and analyses the challenges that this new tax raises.