The French General Directorate of Public Finance has released guidance on the termination of the 1965 tax treaty with Burkina Faso.
The tax treaty between Burkina Faso and France, established in the post-colonial period, aimed to clarify the tax relations between the two nations.
Originally signed on 11 August 1965 and enforced on 15 February 1967, the treaty adopted a conventional approach to preventing double taxation. It was later supplemented by an additional agreement in 1971, which took effect in 1974.
With the treaty’s termination, entities and individuals must now follow their national tax laws. For instance, French residents generating income in Burkina Faso may face higher taxes and lose double taxation protection, which can impact business costs and personal finances.
