Interactive Tax Calculator

marimo
finance
Author

M. Melik Kolgesiz

Published

December 29, 2024

The Impot sur Traitements et Salaires (ITS) is the salary tax system in Ivory Coast that underwent significant reform in January 2024. This interactive calculator computes monthly ITS tax based on the new progressive tax brackets. Interactive elements were prepared with marimo plugin.

Calculator

Results

Annual Figures

How the Calculation Works

The ITS tax is calculated using a progressive system where different portions of your income are taxed at different rates:

Lower Range (FCFA) Upper Range (FCFA) Tax Rate
0 75,000 0%
75,001 240,000 16%
240,001 800,000 21%
800,001 2,400,000 24%
2,400,001 8,000,000 28%
8,000,001+ - 32%

Reduction for Family Responsibilities (RICF)

The ITS system includes family tax reductions based on the number of tax parts, which considers dependents and family situation:

Tax Parts Monthly Deduction (FCFA)
1.00 0
1.50 5,500
2.00 11,000
2.50 16,500
3.00 22,000
3.50 27,500
4.00 33,000
4.50 38,500
5.00 44,000

Example Calculation

For a monthly salary of 1,000,000 FCFA with 2 tax parts (married without children):

  • First 75,000 FCFA: 0% = 0 FCFA
  • Next 165,000 FCFA (75,001 to 240,000): 16% = 26,400 FCFA
  • Next 560,000 FCFA (240,001 to 800,000): 21% = 117,600 FCFA
  • Remaining 200,000 FCFA (800,001 to 1,000,000): 24% = 48,000 FCFA
  • Gross Tax: 192,000 FCFA
  • ITS Tax Deduction (2.0 parts): 11,000 FCFA
  • Final ITS Tax: 181,000 FCFA

References

This mini project inspired from collaborative simulator by Deloitte and Julaya.

This calculator provides estimates based on the 2024 ITS reform. For official tax advice, consult with a qualified tax professional or Direction Générale des Impôts