Burkina Faso Capital Gains Tax Calculator

The Burkina Faso Capital Gains Tax Calculator is designed to allow free online calculations for residents and non-residents who have accrued income from capital gains in Burkina Faso. The calculator allows quick capital gains tax calculations and more detailed capital gains tax calculations with multiple line items so that you can calculate the total tax due on several sources (your own company and other companies in which you have an interest) that accrue capital gains in Burkina Faso in 2022. This calculation provides you with two important pieces of financial information, the first is the amount of tax you owe on capital gains received in Burkina Faso, the second is the net amount of capital gains received after tax which allows you to view exactly how your business investments in Burkina Faso are performing. Once you have calculated the capital gains tax due, you can print the document or email the capital gains tax document to yourself for later reference.

Burkina Faso Capital Gains Tax Calculator 2022
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How to calculate Capital Gains Tax in Burkina Faso

Burkina Faso Capital Gains Tax Calculator. This image shows the Burkina Faso flag and information relating to the capital gains tax rate formula used for calculating Capital Gains Tax in Burkina Faso using the Burkina Faso Capital Gains Tax Calculator in 2022

You can calculate Capital Gains Tax in Burkina Faso for companies by multiplying the capital gains acrued by the appropriate capital gains tax rate. We have included the Capital Gains Tax formula for Burkina Faso so that you can calculate the capital gains tax manually or update your systems with the relevent capital gains tax rates in Burkina Faso. The latest capital gains tax rates in Burkina Faso for 2022 are displayed in the table below the Capital Gains Tax formula. For those who prefer to use the Burkina Faso Capital Gains Tax Calculator rather than calculate the tax manually, we have included a step-by-step guide to using the calculator for quick Capital Gains Tax calculations and more detailed Capital Gains Tax calculations which allows for multiple saving and investment sources (see the guides under "How to use the Burkina Faso Capital Gains Tax Calculator").

Burkina Faso Corporation Capital Gains Tax formula

The Capital Gains Tax accrued in Burkina Faso for corporations is calculated using the following Capital Gains formula:

Capital Gains Tax = a x (b / 100)

Where:

  • a = The net capital gains earned that is subject to tax in Burkina Faso.
  • b = The relevenat rate of capital gains tax in Burkina Faso associated with residence.

Capital Gains Tax for individuals is calculated using the tax rates and thresholds based on the Personal Income Tax Tables (PITT).

Note that capital gains tax is calculated on 50% of the capital gain, not the entrie gain achieved.

Capital Gains Tax Rates in Burkina Faso

The table below specifies the relevent capital gains tax rates applicable in Burkina Faso, these were last updated in line with the published capital gains tax rates in 2022.

Burkina Faso Residents Capital Gains Tax Tables in : Capital Gains Tax Rates and Thresholds (Annual)
Capital Gains Tax RateCapital Gains Threshold
0%Income from ₣0.00to ₣360,000.00
12.1%Income from ₣360,000.01 to ₣600,000.00
13.9%Income from ₣600,000.01 to ₣9,600,000.00
15.7%Income from ₣9,600,000.01 to ₣1,440,000.00
18.4%Income from ₣1,440,000.01 to ₣2,040,000.00
21.7%Income from ₣2,040,000.01 to ₣3,000,000.00
25%Income from ₣3,000,000.01 and above
Burkina Faso Non-Residents Capital Gains Tax Tables in :Capital Gains Tax Rates and Thresholds (Annual)
Capital Gains Tax RateCapital Gains Threshold
10%Income from ₣0.00to ₣6,000,000.00
20%Income from ₣6,000,000.01 to ₣12,000,000.00
27.5%Income from ₣12,000,000.01 and above

Like Individuals, Companies pay capital gains tax based on the income rate which is 27.5% for corporations tax in Burkina Faso.

How to use the Burkina Faso Capital Gains Tax Calculator

You can view the calculator inline or full screen. The inline view displays the calculator surrounded by the normal menus and links to other tools and supporting information. The full screen view removes or the unnecessary information so you can focus solely on using the Burkina Faso Capital Gains Calculator. The following step-by-step guides to calculating capital gains tax online with the Burkina Faso Capital Gains Tax Calculator covers all the functions within the capital gains tax calculator:

How to complete a Gains Tax Calculation

  1. Select Normal View or Full Screen View.
  2. Select Individual or Company
  3. Select Resident or Non Resident
  4. Enter the Capital Proceeds (Cpaital Gain).
  5. Enter the Associated Expenses.

The Capital Gains Tax Calculator will then automatically calculate the tax due based on the details entered.

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If you found this information about Capital Gains in Burkina Faso useful and liked our free online Capital Gains calculator for Burkina Faso then you will probably find the following calculators and supporting Burkina Faso tax tables useful.