(Business in Cameroon) - In light of a provision in the general tax code, which stipulates that all persons possessing known, traceable income are required to pay income tax, the government of Cameroon intends to have cocoa and coffee producers pay this tax. This was revealed on March 12, 2015 in Yaoundé at the 23rd session of the National Cocoa and Coffee Board (CICC).
Being developed since 2013, the reform is being resisted by cocoa and coffee exporters who have been targeted by the tax administration to collect this tax for the State by way of duties on the purchase of cocoa and coffee in the grouped markets held by the producers.
This increase in duties on exports will be used to finance the revival of the cocoa-coffee industry for the 2015-2020 period, for a total of 600 billion FCFA. The plan aims to achieve 600,000 tonnes of cocoa, 150,000 tonnes of Robusta coffee and 35,000 tonnes for Arabica coffee.