Sales tax and VAT updates for modern finance teams
Anrokβs team of tax experts shares the latest rate changes, taxability updates, and other news you need to know.
Senegal confirms new VAT rules for digital services
Foreign companies providing digital services in Senegal must register for VAT starting July 1, 2024βa deadline extended from the original April 2024 date. For business-to-business (B2B) transactions, the responsibility shifts to the Senegalese business customer, who must self-report and pay the VAT through the reverse charge mechanism.
The bottom line: International digital service providers need to prepare for VAT registration if serving Senegalese consumers, while Senegalese businesses should ensure their accounting systems are ready to handle VAT on foreign digital purchases.
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