background image

Cape Verde - Senegal Tax Treaty (2018, not yet in force) — Orbitax Tax Hub

Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.


Taxes Covered

(1) This Convention shall apply to taxes on income imposed on behalf of a Contracting State or of its political or administrative subdivisions or local authorities, irrespective of the manner in which they are levied.

(2) There shall be regarded as taxes on income all taxes imposed on total income or on elements of income, including taxes on gains from the alienation of movable or immovable property, taxes on the total amounts of wages or salaries paid by enterprises, as well as taxes on capital appreciation.

(3) The existing taxes to which this Convention shall apply are in particular:

  • (a) In the case of Cape Verde:
    • (i) corporate income tax;
    • (ii) individual income tax;
    • (iii) additional corporate income tax (surtax);
  • (Hereinafter referred to as “Cape Verde Tax”);
  • (d) In the case of Senegal:
    • (i) corporation tax (l'impôt sur le revenu des sociétés);
    • (ii) minimum corporate tax (l'impôt minimum forfaitaire sur les sociétés);
    • (iii) individual income tax (l'impôt sur le revenu des personnes physiques);
    • (iv) contribution borne by employers (la contribution forfaitaire à la charge des employeurs);
    • (v) capital gains tax on built and vacant land (la taxe de plus-value sur les terrains bâtis et non bâtis);
  • (Hereinafter referred to as “Senegal Tax”).

(4) This Convention shall apply also to any identical or substantially similar taxes which are imposed after the date of signature of the Convention in addition to, or in place of, the existing taxes. The competent authorities of the Contracting States shall periodically notify each other of significant changes made to their respective tax laws.