Cameroon to continue the elaboration of an integrated duty and tax system this year

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Cameroon to continue the elaboration of an integrated duty and tax system this year

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- Tuesday, 13 February 2018 10:21

(Business in Cameroon) - This year, Cameroon will continue the elaboration of an integrated customs duty and tax system. This was revealed during the last meeting held between officials of the ministry of finance in February at Yaoundé.

This project, whose goals have not been disclosed yet, is supported by GIZ, the German agency for international cooperation.

According to tax authorities, this reform will contribute to the optimization and safeguarding of revenues collection during these times of economic depression spurred by the fall in oil revenues, which used to represents up to 25% of public revenues.

BRM

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