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Infos Business of Thursday, 26 November 2015

Source: investiraucameroun.com

Cameroon to review its communications taxation system

Photo utilisée juste à titre d'illustration Photo utilisée juste à titre d'illustration

The government of Cameroon has just awarded a FCFA 46 million contract to Resytal, in order to undertake a "comparative study on the taxation system and tax levy imposed on operators in some African countries with the same level of development in the electronic communications sector, particularly in Kenya, Côte d'Ivoire, Senegal and Ghana".

According to authorised sources, this study should enable Cameroon to get more significant revenues from the development of electronic communications than achieved over the past 10 years in the country.

An experience which the countries targeted by Cameroon, as part of this study, have already gone through.

However, even before starting this study, the Cameroonian government is planning, as part of the 2016 Finance bill currently under review at parliament, to create a tax on electronic communications.