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Gabon: 2012 Tax Incentives

(Apr. 5, 2012) On January 2, 2012, the President of Gabon promulgated Decree No. 0001 on the Finance Law for 2012. Tax incentives under the new Law apply to cement production and to the wood industry. (Albert Atangana, Gabon: Finance Law 2012 – Details, TAX NEWS SERVICE (Apr. 2, 2012), International Bureau of Fiscal Documentation […]

Gabon: Finance Law Adopted

(Mar. 17, 2010) On February 5, 2010, Gabon adopted a new Finance Law. It is applicable from the beginning of the year and sets individual income tax rates based on income brackets, as follows: Annual Taxable Income in CFA Tax Rate 0 – 1,500,000 (about US$3,047) 0 1,500,001 – 1,920,000 (up to about US$3,900) 5% […]

Gabon: Ban on Export of Unfinished Lumber

(Nov. 23, 2009) According to a November 6, 2009, announcement, confirmed by the Ministry of Water and Forests, Gabon has decided to ban the export of unhewn timber, beginning in 2010. The goals of the ban are to conserve forest resources and to fight unemployment in the country. The Cabinet has stated that Gabon wants […]

France; Gabon: Gabonese President Ordered to Pay Restitution

(Oct. 6, 2008) On September 29, 2008, a court of appeal in Bordeaux, France, confirmed a June 2007 ruling ordering Omar Bongo, the President of Gabon, to return €457,347 (about US$654,000) to the son of a French company director. This ruling is enforceable even if a further appeal is initiated. The company director, Rene Cardona, […]

Gabon: Twenty NGOs Banned

(Feb. 2, 2008) The Government of Gabon has accused about 20 non-governmental organizations of interfering in the political life of the country and has placed a temporary ban on their activities. The ban will be lifted for individual agencies, following briefings by the NGOs to the Ministry of the Interior about their activities, according to […]