The Ministry of Finance Regulates the Payment of Corporate Income Tax in Foreign Currency

The Ministry of Finance, led by Doudou Fwamba, announced measures to regulate the payment of Corporate Income Tax (IBP) for the 2026 fiscal year. These measures affect companies in the mining, oil, and hydrocarbons sectors, as well as their subcontractors, aiming to ensure neutrality against exchange rate risks and the accuracy of tax declarations. Provisional payments must be made in foreign currency, but the actual tax payment will be made in the national currency based on the exchange rate of the day.