(Business in Cameroon) - On February 12, 2015, joint ordonnance by the Cameroonian Trade and Finance Ministers fixed the amount “of excise tax to be imposed on alcoholic beverages subsequent to specific excise tax reform contained in the Finance Act […] for the 2015 fiscal period.
It was therefore revealed that “the amount of additional excise tax resulting from the application of the specific duty system is 75 FCFA for all 65 centilitre beers and 37.5 FCFA for all 33 centilitre beers.”
After several weeks of struggles with the government, the brewing companies won their case after immediately rising to action following the 2015 Finance Act’s promulgation to demand a price increase on beer due to the significant excise tax increase.