Yaoundé - 02 October 2023 -
Public management

Cameroon: Taxpayers’ association ACDC denounces the "abusive" commissions collected by banks for tax operations

Cameroon: Taxpayers’ association ACDC denounces the "abusive" commissions collected by banks for tax operations
  • Comments   -   Tuesday, 02 February 2021 17:58

(Business in Cameroon) - In a letter sent on February 1, 2021, to Modeste Mopa Fatoing (Director general of taxes) and Louis Paul Motaze (Minister of Finance), the Cameroonian Association for the Defense of Taxpayers' Rights (ACDC) denounces what they call the "abusive" commissions levied by banks when taxpayers pay their taxes through them.  

Indeed, in the 2021 finance law, taxpayers are prohibited from paying taxes in cash. They can only pay through bank transfers or using the authorized digital payment methods. However, according to the ACDC, when taxpayers pay via bank transfers, the banks collect between XAF1,000 and 2,350 as commissions.

A taxpayer’s payment receipt we saw shows that a 13.75% commission was collected for the payment. Indeed, for the payment of a XAF14,960 tax, the payer paid XAF17,345 for the whole operation meaning XAF14,960 for the tax and XAF2,385 as a commission for the operation.

We are disputing "the enforceability of these fees," wrote Mazou Mouliom, president of the ACDC. For the president, taxpayers cannot pay commissions on those taxes since the taxes are compulsory deductions like social contributions. Therefore, their payment should be commission-free like it s for social contribution payments be them via bank transfers or via mobile payment solutions.

"Are those commissions taxes? What kind of taxes are they? In Cameroon, the taxes are gradually becoming confiscatory because the levies exceed taxpayers’ revenues. In this sensitive period when the health crisis has become a cash flow crisis, Cameroonian SMEs are not yet ready to indirectly finance financial institutions. Instead, they need financing," he added. 

Let’s note that according to some banks, the commission levied is legal and was authorized by the Directorate General of Taxes (DGI).

Sylvain Andzongo

Cameroon National Shippers' Council (CNCC) inaugurated last September 27 a community center in Kouseri, Far North, for the purpose of resting and...
The Bank of Central African States -BEAC- noted a good momentum on the primary public securities market throughout the year, despite a constant increase...
The Cameroonian Trade Department announced the introduction of a special facility to support the population in this tough economic context. Minister Luc...
Cameroon’s national refinery- Sonara signed last September 29 a deal with Trafigura PTE LTD to restructure CFA14 billion owed to the Swiss trader. Per...

Mags frontpage

Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer

Albert Zeufack: “Today, the most important market is in Asia”

Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir

Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »