Capital Gains Tax in Cameroon Reduced from 10% to 5% – 2019 Finance Law
Capital Gains Tax in Cameroon Capital gain occurs when the sales price of a capital asset is more than the purchase price. To be more precise, it is the profit made when a corporate body or a natural person sells its capital assets. The capital assets may include real estate, bonds, securities or stocks. Capital…
Some Tips on the 2019 Finance Law of Cameroon
Many business owners or entrepreneurs in Cameroon rarely care about what the finance law or the changes that are made in the General Tax Code. The 2019 Finance Law of Cameroon became effective after it was signed by the President of the country, Paul Biya, under Law No 2018/022 of December 11, 2018. This came…