Monthly Archives - October 2020

Cameroon – Covid-19 : Customs tax related measures – shortfalls in prospects

Customs-Tax related measures to support the sectors most affected by the effects of the fight against the Covid-19 pandemic will generate a shortfall of 114 billion CFA francs in state treasury, according to data from the Directorate General of Taxes (DGI). Among these measures, here are the most important ones presented by the Prime Minister on April 30, 2020: Suspension of tax and forced collection controls, VAT and Customs Duty Relief on Materials and Equipment Intended to Combat Covid-19, Deductibility of Covid-19 donations [...]

Read more...

CAMEROON – Tax Amnesty On Land Tax

In a press release of June 17th, 2016, the Director-General of Taxation reminds the owners of the buildings built or unbuilt, that the finance law for the fiscal year 2016, particularly in the fifth article of the fourth chapter, enables them to benefit a tax amnesty over the previous periods without callback of any penalties, if they spontaneously proceed with the payment of the land tax during the fiscal year 2016. As reminder, Is liable of the tax on the landed [...]

Read more...

Covid 19 – Central Africa implements exceptional tax and social measures

In order to take into account the impact of the coronavirus epidemic on economic activity, the tax administrations in Central Africa have put in place exceptional measures to support the economy strongly impacted, in particular by the total or partial lockdown, imposed to contain covid-19. These measures range from deferral of tax and social contribution payment, to tax-customs exemptions related to imports of various materials and products to deal with the pandemic, the unlimited deductibility of donations made in [...]

Read more...

Summary Presentation

Central Africa is made up of six(6) States (Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad). They are part of an economic and geographical zone named CEMAC (Central Africa Economic and Monetary Community). This geographical space extends on over more than 3 millions of km2, that is 14% of the surface of sub-Saharan Africa and account about 40 million inhabitants. Two member states are without maritime facade, they are; RCA and Chad. The tax system of the member countries [...]

Read more...