Djibouti Finance Law for 2022 Includes New Individual Income Tax Brackets/Rates, Profit Tax Installment Requirements, and Other Changes

The Djibouti government has published the text of the Finance Law for the 2022 Budget (Law No. 142/AN/21/8ème L), which was published in the Official Gazette on 30 December 2021. The law contains various tax measures, including:

• The income tax brackets and rates for employment income (salary and wages) are set as follows:
  • up to DJF 30,000 - 2%
  • DJF 30,001 to 50,000 - 12%
  • DJF 50,001 to 150,000 - 15%
  • DJF 150,001 to 300,000 - 22%
  • DJF 300,001 to 600,000 - 25%
  • DJF 600,001 to 1,000,000 - 30%
  • DJF 1…