Sierra Leone: 15% tax on diamond exports
Description
A 15% export tax has been imposed on diamonds worth more than US$50,000. The tax took effect on December 28 2009. This is in addition to an increase in taxes on diamonds from 5% to 6.5% and an increase in taxes on gold and other minerals from 4% to 5%.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered: 20/01/2010
Implemented: Yes
Date of inception: 28 Nov 2009
GTA Evaluation: Red
Source:
Morris, S. Jnr. 2010. 'Sierra Leone: 15 percent tax slapped on diamond exports.' AllAfrica.com. 9 January. http://allafrica.com/stories/201001110666.html
Government Response:
- 681 reads
