Mali taxes residents on worldwide income and non-residents on Mali-source income only. Mali operates a self-assessment system for corporate tax, with the domestic tax authority conducting post-filing review.
Mali's tax year is the calendar year.
30% standard rate (25% for mining companies under the Mining Code); minimum tax of 1% of turnover applies.
Progressive, 0% (first CFA 330,000) to 40%.
18% standard VAT.
An individual is resident if they have their habitual abode in Mali or are present for more than 183 days in a year. Mali's international tax framework combines domestic policy (the General Tax Code, three mining codes from 1991/1999/2012, the Investment Code, and transfer pricing regulations) with bilateral and multilateral treaties.
A non-Mali-resident entity has a Mali permanent establishment through a fixed place of business or a dependent agent habitually concluding contracts in Mali on the entity's behalf, following the OECD Model Treaty definition as applied under Mali's domestic law and any applicable tax treaty.
No CFC-style attribution provision was found in Mali's General Tax Code. Where a Mali enterprise is dependent on or controls a foreign enterprise, profits indirectly transferred to that foreign enterprise - through price manipulation, thin capitalization, or any other means - are reincorporated into Mali taxable results, with dependency presumed where one party holds a majority of the other's share capital, or both are under common control. Large companies (revenue above CFA 3 billion) under common control with foreign entities must additionally file annual transfer pricing documentation. This is a transfer-pricing reallocation mechanism, not a CFC regime attributing a foreign subsidiary's own undistributed profits to a Mali parent.
An IMF Staff Country Report (2018) specifically recommended that Mali introduce effective thin capitalization rules as part of a broader profit-shifting risk mitigation strategy, implying no effective thin capitalization regime existed in Mali at that time; Mali's mining code has separately capped interest deductions on intercompany mining-sector debt at the amount of social capital since 1991. Current general-economy status beyond mining is not independently reconfirmed in available sources - this is dated context rather than a confirmed present-day answer, and should be verified directly before relying on it.
Mali does not use an elective check-the-box classification system; entity classification generally follows the entity's actual legal characteristics under the French-derived legal tradition shared across the region. Mali does not have a comprehensive ATAD2-style anti-hybrid regime.
No foreign bank account or foreign financial asset reporting regime exists requiring residents to separately disclose foreign accounts; foreign income is reported through the standard annual tax return.
Mali does not provide a broad participation exemption for foreign dividends in the European sense, consistent with the transfer-pricing-focused (rather than exemption-focused) anti-avoidance framework already confirmed elsewhere on this page; relief from double taxation is available primarily through Mali's foreign tax credit system where one exists.
Mali has a foreign tax credit mechanism for foreign tax paid on foreign-source income also taxed domestically, capped at the domestic tax otherwise due on that income; specific provisions are not extensively documented in public sources for Mali and should be confirmed directly with the Direction Generale des Impots before relying on them.
Mali has approximately 7 double taxation agreements per TaxAtlas, though this figure predates a significant 2024 development: CORRECTION - Mali terminated its bilateral tax treaty with France around 2024, per a dated KPMG Flash Alert, following Burkina Faso's earlier termination and alongside Niger's. As of an October 2016 IMF Staff Country Report (now outdated specifically on the France point), Mali's treaty network otherwise comprised the multilateral WAEMU partner-states treaty plus bilateral treaties with Algeria, Russia, Morocco, Tunisia, and Monaco - all generally following the UN Model Convention rather than the OECD Model. A comprehensive current-day confirmation of the full remaining list is not available in accessible sources.