DRC: the DGI reminds taxpayers to pay the second installment of the IBP no later than July 31, 2023
The Directorate General of Taxes (DGI) of the Democratic Republic of Congo (DRC) has launched a reminder to taxpayers to inform them of the imminent deadline for the payment of the second installment of the Tax on Professional Profits (IBP). According to tax rules, this second installment must be paid no later than July 31, 2023, in order to comply with tax obligations.
The IBP is a tax on profits made by companies operating in the DRC. It contributes to the financing of public expenditure and the economic development of the country. Taxpayers are required to calculate the amount due according to their profits and to pay the installments provided for within the legal deadlines.
This reminder from the DGI aims to make taxpayers aware of the importance of respecting their tax obligations and paying their taxes on time. Indeed, the non-payment or the delay in the payment of the IBP can lead to financial penalties and administrative sanctions.
It is therefore essential for companies to comply with this deadline and to pay the second installment of the IBP before July 31, 2023. To facilitate this process, the DGI provides taxpayers with several means of payment, such as bank transfers, checks or online payments.
It is also recommended that taxpayers regularly consult the official DGI website or contact their accountant or tax advisor for any additional information or to verify the exact amount to be paid.
By respecting their tax obligations, companies contribute to the economic development of the DRC and participate in the construction of a sound and fair tax environment. The payment of the IBP makes it possible to finance the public services and the investments necessary for the well-being of the Congolese population.
In conclusion, this reminder from the DGI is an invitation to DRC taxpayers to honor their tax obligations by paying the second installment of the IBP before the deadline of July 31, 2023