Madagascar: Second-hand Clothing to Face a 10% Excise Duty, Raising Concerns Among Consumers and Businesses

Second-hand clothing, widely consumed in Madagascar because of its affordability and its importance in providing clothing access to many households, could soon face higher costs following the introduction of a new tax measure. According to the Draft Supplementary Finance Law (PLFR), imported second-hand clothes would be subject to a 10% excise duty. The measure aims […]