SCDP and SONARA have been assigned to collect by deducting at source the Special Tax on Petroleum Products. According to the 2021 Finance Law, SCDP is to deduct at source “during removal by distributing companies, while SONARA does the same for “deliveries to natural persons other than distributing companies”.
According to the Law, the amount collected “shall be transferred to the tax collector with territorial competence” and the information transmitted within five days following the deadline for payment.
The Special tax on Petroleum Products have been put as follows:
SCDP and SONARA are obliged to transfer the amount collected every month no later than the 20th of each month for the previous month. They also have to present the tax return made by the tax payer.
The proceeds of this tax is allocated to the Road Fund in accordance with the annual ceiling put in place by the Finance Law. This amount according to the General Tax Code, is deposited by the State Treasury in an account opened in the Bank of Central African States, BEAC.
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This content has been prepared for information purposes only. It is not intended to provide, and should not be relied on for, tax, accounting or legal advice. You need to consult your own tax, accounting or legal advisors before engaging in any transaction.