DGI should prosecute 11 mining companies to recover USD 876.1 million in overdue superprofits- DRC
The Directorate General of Taxes (DGI) should initiate proceedings against eleven (11) mining companies established in the Democratic Republic of Congo not in good standing with the payment of superprofits.
This is the path chosen by the Ministry of Finance and adopted at the meeting of the Council of Ministers on Friday July 1, 2022.
Following the analyzes carried out within the Office of the Minister of Finance, Nicolas Kazadi, on the payment of the special tax on excess profits (ISPE) during the 2021 financial year, the amounts of the taxes claimed total 876.1 million U.S. dollars.
Of the 11 incriminated companies, only SOMIKA and COMIKA paid USD 53,671.03 and USD 3,578,490 respectively at the April 2021 deadline.
Sources close to the Congolese Ministry of Finance indicate that “the procedure is still in the contradictory phase for nine (9) companies. This allows them to present their challenges, says one within the financial administration.
