Togo

{"ftc_utility":"medium","fbar_trigger_notes":"US persons with Togolese bank accounts exceeding $10,000 in aggregate at any point during the calendar year must file FinCEN 114 (FBAR). Togo's banking sector is centered in Lome and includes branches of regional banks such as Ecobank, Orabank, and BPEC. Expats routinely maintain local accounts for day-to-day expenses, making FBAR filing likely for most working residents.","ftc_utility_reason":"Togo taxes residents on worldwide income at rates up to 35%, which can exceed the US effective rate for many income levels, making the Foreign Tax Credit (FTC) useful to offset US tax liability on income also taxed in Togo. However, no tax treaty exists to streamline the credit mechanism, and FEIE may be more straightforward for most expats with earned income. FTC is more relevant for those with investment or passive income taxed locally.","presence_day_count_notes":"Togo does not impose a fixed minimum stay requirement for residency establishment, but US citizens residing in Togo can use the 330-day physical presence test by tracking days outside any foreign country. No Togolese visa restrictions are known to structurally prevent accumulating 330 qualifying days, though travel to neighboring countries for ECOWAS purposes is common and days outside Togo still count as long as the individual is outside the US.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":16000,"local_tax_rate_on_earned_income":0.3,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by Togo tax residents is included in worldwide taxable income and taxed at progressive rates up to 35%. No specific pension exemption exists in Togo law for foreign-source pensions.","tax_rate":0.35,"locally_taxed":true},"social_security":{"notes":"No US-Togo totalization agreement or income tax treaty exists. US Social Security payments received by a Togo resident are treated as foreign-source income subject to Togo progressive income tax. There is no mechanism to prevent double taxation beyond the US Foreign Tax Credit.","locally_taxed":true,"treaty_protection":false},"roth_distributions":{"notes":"No treaty exists to protect Roth distributions. Togo tax authorities would likely treat Roth distributions as foreign income subject to local tax. In practice, Roth distributions may be characterized as return of capital in part, but absent a treaty or specific local ruling, full inclusion risk exists.","locally_taxed":true},"us_401k_ira_distributions":{"notes":"No income tax treaty exists between the United States and Togo. Distributions from US 401(k) or IRA accounts received by a Togo tax resident are treated as foreign-source income. Togo taxes residents on worldwide income, so these distributions would be included in taxable income at progressive rates up to 35%. No treaty exemption or reduced rate is available.","tax_rate":0.35,"locally_taxed":true,"treaty_protection":false}}

{"rate":0.35,"notes":"Togo does not have a separate capital gains tax. Gains are folded into general income and taxed at progressive personal income tax rates up to 35%. Corporate capital gains are taxed at the standard corporate rate of 27%.","details":{"tax_type":"Capital Gains Tax","country_name":"Togo","country_iso_code":"TGO","source_references":["Togo General Tax Code (Code General des Impots)","Direction Generale des Impots (DGI) - Togo","KPMG Africa tax guides","Deloitte International Tax Highlights"],"last_verified_date":"2026-06-03","general_description":"No standalone CGT regime exists in Togo. Capital gains realized by individuals are treated as ordinary income subject to progressive personal income tax rates. Gains realized by companies are included in taxable corporate income.","corporate_capital_gains":{"rate":0.27,"tax_treatment":"Included in ordinary taxable corporate income and taxed at the standard corporate income tax rate of 27%."},"individual_capital_gains":{"rate":0.35,"tax_treatment":"No separate capital gains tax. Gains are treated as ordinary income and subject to progressive personal income tax rates reaching a top marginal rate of 35%."}}}

{"notes":"Dividends paid by Togolese companies to residents and non-residents are subject to a withholding tax of 10%. This is generally a final tax for non-residents. Resident individuals receiving dividends may have additional personal income tax obligations depending on their total income.","rates":[{"rate":0.1,"type":"withholding","notes":"Standard withholding tax rate on dividends paid to both residents and non-residents. Togo is a member of OHADA and UEMOA; no reduced treaty rate applies with the United States as no US-Togo tax treaty exists."}]}