Tuesday, August 20, 2019

[IVC]: New levy on coffee and cocoa revenues / DGI does not feel concerned

August 13, 2019

Information on the creation of a new levy on coffee and cocoa revenues relayed by certain media outlets is unfounded. The Director General of Taxes reassures coffee and cocoa producers that "no new levy on the income of producers is planned."

These claims, which have no basis, constitute intoxication likely to create confusion in the minds of the brave producers who are an essential link in the economy of Côte d'Ivoire. In fact, agriculture has always been the backbone of the government's economic and social policy.
The importance of this sector has increased in recent years, confirming the widely shared assertion that "the success of this country is based on agriculture".
The first person in charge of the tax administration, Ouattara Sié Abou, wanted to clarify the position of his institution regarding this erroneous information
Thus, the government does not intend to institute other levies for the purpose of impoverishing or asphyxiating peasants, and thus kill the goose that lays the golden eggs.
The Director General of Taxes, Ouattara Sié Abu, aware of the difficulties related to the decline in prices of major cash crops including rubber, pineapple, oil palm, cotton and cashew nut can not initiate such measures for the creation of new taxes on agricultural income.
On the contrary, in order to help producers and farmers to cope with this difficult economic situation and allow them to revive their activities, the government has instead reduced the rates of levies on heveacole products and pineapple from 2 , 5% to 1.5% over the period from 2019 to 2021.
For other products, the levy rates on oil palm, pineapple, cotton, coffee, cocoa, banana, rubber and cashew were reduced by half in 2018.
These figures are convincing that the state has not abandoned farmers and planters. Even better, the government has taken judicious and courageous measures to support the agricultural sector.
Aware of the difficulties of producers and farmers, the Directorate General of Taxes has no interest in creating new levies on the income of the agricultural sector already affected.
In addition, it wishes to reassure the producers and the organizations that the tax administration has initiated no levy or new tax on the income of actors in the sector.


Also, the whole policy of the government in recent years does not revolve around a desire to tax the sector to make it much more attractive and competitive. With regard to this information, the Directorate General of Taxes is neither a carrier nor initiator of such a project.
By Brou François / afriquematin.net with sercom

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