Finance Law: Key Reforms in the 2025 Fiscal Annex Revealed during Gouv'Space

Béné Kobenan Elvis, head of the Fiscal Reform Service at the Directorate of Legislation, International Tax Cooperation, and Documentation of the Directorate General of Taxes (DGI), highlighted two major reforms introduced in the 2025 Fiscal Annex on Thursday, February 6, 2025, during the Gouv'Space, an audio exchange platform via X (formerly Twitter) initiated by CICG.

The reforms concern the taxation of real estate property and the extension of the advertising tax through sponsorship.

“There is a paradigm shift in the taxation of real estate properties, both built and unbuilt. From now on, the market value will be used as the tax base to reflect the true value of the property,” said Béné Kobenan Elvis, adding, “There is an extension of the advertising tax through sponsorship to broaden the tax base.”

To reduce the burden on households, the government has also exempted taxes on butane gas transport and certain food products. Additionally, since the 2024 Fiscal Annex, there are no stamp duties on mobile transactions under or equal to 5,000 FCFA, regardless of the operator.

It is important to note that Côte d'Ivoire has been implementing economic reforms for several years aimed at promoting strong, inclusive, and redistributive growth, through the continued structural transformation of its economy. The adoption of these measures allows the state to, among other things, strengthen its resources, broaden the tax base, and combat international tax evasion and fraud.

“I encourage everyone to be tax-compliant so that the state can collect enough resources to finance the development of Côte d'Ivoire,” urged Béné Kobenan Elvis