Africa

Mali

Corporate rate
30%
Top personal rate
0%
VAT / GST rate
18%
One-sentence summary Mali's corporate tax position: 30% standard rate (25% for mining companies under the Mining Code); minimum tax of 1% of turnover applies. Personal income tax: Progressive, 0% (first CFA 330,000) to 40%. VAT/consumption tax: 18% standard VAT.

Corporate Tax Rate

30% standard rate (25% for mining companies under the Mining Code); minimum tax of 1% of turnover applies.

Personal Tax Rate

Progressive, 0% (first CFA 330,000) to 40%.

VAT / GST Rate

18% standard VAT.

Residency

An individual is resident if they have their habitual abode in Mali or are present for more than 183 days in a year, confirmed via TaxAtlas. 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, confirmed via an IMF Staff Country Report analysis of Mali's tax system.

CFC (Controlled Foreign Company) Rules: Not identified

No Controlled Foreign Company regime was identified in available sources this session. This is a genuine gap rather than a confirmed absence.

Thin Capitalization

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. Current status was not independently reconfirmed this session - this is dated context rather than a confirmed present-day answer, and should be verified directly before relying on it.

Foreign Bank Account / Foreign Financial Asset Reporting

No domestic FBAR/Form 8938-equivalent requiring Mali residents to self-report their own foreign accounts was identified. Institutional-level CRS/FATCA participation status was not independently confirmed this session. Separately and independently of local law, US citizens and Green Card holders with Mali accounts remain obligated to file FinCEN Form 114 (FBAR) once aggregate foreign accounts exceed USD 10,000, and potentially Form 8938, regardless of local requirements.

Treaty Network

Mali has approximately 7 double taxation agreements per TaxAtlas. As of an October 2016 IMF Staff Country Report, Mali's treaty network specifically comprised the multilateral WAEMU partner-states treaty plus bilateral treaties with France, Algeria, Russia, Morocco, Tunisia, and Monaco - all generally following the UN Model Convention rather than the OECD Model. This IMF-sourced list is dated (2016) and a comprehensive current-day confirmation was not independently compiled this session, though it remains the most specific, primary-quality named-partner source available.

Sources: TaxAtlas - Mali Tax Rates and System (2026), IMF Staff Country Report - Mali: Selected Issues, Profit-Shifting Risks (2018, named treaty partners as of Oct 2016). Page last verified: August 08, 2026. General information only - confirm current rates with a licensed advisor in this jurisdiction before relying on this page.