- E-commerce platforms in Côte d’Ivoire will soon be subject to an 18% value-added tax (VAT) on their commissions
- The tax will be applied to all platforms, regardless of their location
- Non-compliance may result in access suspension and tax penalties
- The new regulations also cover online advertising services, online data services, and online marketplaces
- The tax provisions will extend to online gaming, cloud computing services, social networking platforms, and search engines
- Some observers are concerned that the VAT might hinder the development of startups
- The digital economy sector contributes 9% of Côte d’Ivoire’s GDP.
Source: ecofinagency.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.