CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. South Sudan Budget To Boost Revenues: IMF

South Sudan Budget To Boost Revenues: IMF

by Lorys Charalambous, Tax-News.com, Cyprus

30 March 2017


The measures outlined in South Sudan's recent budget should boost annual revenue by 1.4 percent of gross domestic product, the International Monetary Fund has said.

The Budget included an increase to the sales tax from 15 percent to 18 percent, an increase to excise tax on alcohol, an eight percent withholding tax on government contracts, and a 10 percent withholding tax on fees paid to contractors.

In addition, the Budget featured a USD20 departure tax per passenger, a new customs schedule, a moratorium on customs exemptions, and improvements to tax administration and information exchange.

TAGS: tax | sales tax | International Monetary Fund (IMF) | Sudan | excise duty | withholding tax | tax reform | services

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »