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Mauritania Sets a Cap on Money Transfer Taxes at 200 New Ouguiya - Sahara Media
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The Mauritanian General Directorate of Taxes has mandated that banks operating in the country implement a new tax ceiling on money transfers, limiting the tax due to 200 new ouguiya regardless of the transfer amount. This measure is to take effect no later than September 1st. The new amendments stipulate a tax of 0.1 percent of the transfer value, with a cap of 200 new ouguiya. During a meeting with bank representatives on Monday, the Director G…
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