Senegal | How do I ensure that the TRIMF and IMPOT statutory components are calculated on a YTD basis even if the company uses the MTD tax method?
To ensure that the TRIMF and IMPOT statutory components are calculated on a YTD basis in Senegalese companies, enable the "final
tax calculation in Dec and if terminated?" checkbox under the Statutory Fields tab on the Company Details tab on the Basic Company Information screen.
Navigate > Configuration > Basic Settings > Company Settings > Basic Company Information > Statutory Fields
This setting allows the system to calculate TRIMF and IMPORT statutory components based on the employee's YTD averaging income (regularisation upon termination and in December) even if the company uses the MTD tax method.
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