Except where otherwise provided in the provisions of duly ratified tax agreements, holders of a Mining Title must apply a withholding, which discharges the obligation to pay any other tax on income, on sums paid in exchange for services of any nature provided by companies or persons not established in Guinea and which are supplied or used in Guinea.
This withholding, the rate of which is fixed by Article 198 of the General Tax Code, must be taken by the beneficiary of the service and remitted to the Public Treasury no later than 15 months from the month in which the deduction was made. It is not deductible from the income taxes.