The general and reduced rates have not been changed; a zero rate has now been added to the above rates and this applies to exports of products that are assessable to Turnover Tax (TCA) and related transactions.

The TCA rate applicable to leasing of equipment is the rate applicable to the same equipment if it were sold directly.

NOTE: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for specifics.

For further information contact Mr Nico Halle, Tel: +237 42 64 79 or Fax: +237 43 26 34 or enter text search 'Nico Halle Law Firm' and 'Mondaq Business Briefing'.