The Corporate Tax Rate in Senegal stands at 30 percent.

Corporate Tax Rate in Senegal averaged 28.40 percent from 2004 until 2018, reaching an all time high of 35 percent in 2004 and a record low of 25 percent in 2007. This page provides - Senegal Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate Tax Rate in Senegal is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Corporate Tax Rate is projected to trend around 30.00 percent in 2020, according to our econometric models.

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Senegal Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 35.00 25.00 2004 - 2018 percent Yearly

Senegal Corporate Tax Rate
In Senegal, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Senegal.