Yaoundé - 26 February 2020 -
Public management

Cameroon sets reforms to secure tax revenues resulting from public expenditures

Cameroon sets reforms to secure tax revenues resulting from public expenditures
  • Comments   -   Monday, 03 February 2020 14:43

(Business in Cameroon) - This year, the Cameroonian Directorate General of Taxes has decided to implement a set of reforms to secure tax revenues resulting from the implementation of public expenditures.

According to this institution, these reforms include the establishment of withholding tax as soon as funds are released for expenditures carried out under exceptional procedures, the introduction of an 11% withholding tax on various bonuses paid, the dematerialization of procedures (online registration, tax notices) and the creation of a tax desk to monitor public entities.

There is also selective empowerment of public entities authorized to withhold tax. Let’s note that currently, those entities are the SNH, the Autonomous Amortization Fund, and the Road Fund.

According to the tax directorate, these measures are aimed at correcting the difficulties encountered in the collection of taxes resulting from the execution of public expenditure. Among these challenges, the tax authorities cite in particular the authentication of documents constituting the tax reports, the securitization of registration fees, the collection of taxes and duties resulting from expenditure carried out under exceptional procedures, the systematic non-reimbursement of deductions made, the absence of deductions on start-up advances, the tax treatment of certain staff expenses and the tax avoidance in some public entities. 


Last weekend, Ahmadou Sardaouna, Director-General of Société immobilière du Cameroun (Sic), visited the social housing site of Mbanga Bakoko, a suburb in...
Last February 21, in Yaoundé, officials newly appointed at the Centre national de développement de l’informatique (Cenadi), which processes public...
CEMAC countries have a yearly structural food deficit of about XAF2,000 billion. This was revealed by Daniel Ona Ondo, President of the CEMAC Commission...
In the coming weeks, the Ministry of Transport will develop a strategy to involve women in the fight against maritime crimes. This is the result of...

Mags frontpage

Business in Cameroon n84: February 2020

Money transfer business Cameroon is on the front line

Interview: «Shifting from bureaucratic management to efficient public management»

Investir au Cameroun n94: Février 2020

Sociétés de transfert d’argent Le Cameroun au cœur de la bataille

Entretien : « Passer d’une administration bureaucratique à une gestion publique performante »