News

Mali and Niger to end decades-long tax deals with France

Niger

The military administrations in Mali and Niger have jointly declared their intent to terminate their long-standing tax agreements with France within the next three months.

The decision was attributed to “France’s persistent hostile attitude” toward their nations and the “the unbalanced nature of these agreements, which result in a considerable loss of revenue for Mali and Niger,” according to AFP.

Dating back to 1972 for Mali and 1965 for Niger, these agreements were established to prevent citizens of Mali and Niger living in France from being taxed in both countries, while also ensuring that French nationals in these African nations aren’t taxed twice.

Beyond taxation, these pacts were intended to streamline cooperation in financial matters.

This move mirrors Burkina Faso’s decision earlier this year and aligns with a pattern of actions by the military governments of these three nations to sever ties with France, their former colonial power, following recent coups.

Source-BBC

Tags

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button
Close
Close