Recently, the 2023 finance bill of Cameroon comes with a possible reduction of the corporate tax rate from 28% to 25%.
Why governments reduce corporate tax
The new corporate income tax rate of 25% should be a huge boost for state revenues in Cameroon, as many small businesses will become formal.
Cameroon to Reduce Corporate Tax from 28% to 25%
The government of Cameroon, according to the proposed 2023 finance bill, may reduce corporate tax rate from 28% to 25% for businesses …
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