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ECONOMY

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20% VAT on Bank interest: New circular takes effect
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- Kanto Kennedy , 2min reading


Adopted on July 10 during the Council of Ministers, the budget execution circular clarifying the application of a 20% VAT on interest earned by banks marks a turning point in Malagasy banking taxation. Although this measure was already included in the 2025 Finance Law, the clarification of its modalities has sparked questions and debates within economic circles.


Tags :

  • #VAT 20%
  • RINDRA HASIMBELO RABARINIRINARISON
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