(Business in Cameroon) - A 5-month extension has just been granted to large firms operating in Cameroon for the payment of their 2018 taxes, a communique signed by assistant minister of finance Yaouba Abdoulaye (photo) indicates. According to the document, the deadline is now August 15.
Initially, the ministry of finance set the deadline for March 15, 2019, and invited the corresponding taxpayers to meet the deadlines so that they can avoid sanctions for payment failure.
For the time being, the deadline of June 30 for the electronic transmission of 2019 tax/statistics statements has not changed.
Let’s note that via the tax dematerialization process, the tax administration wants to exceed the XAF2,200 billion of tax revenues raised during the 2018 fiscal year.
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