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.
What income do I have to pay taxes on?
According to the General Tax Code, income is what individuals, companies and other corporate bodies make from transactions and businesses carried on in Cameroon. A tax is levied […]
A Review of the Cameroon Tax System
Cameroon tax system
This post is sponsored by Ess.BE, a quality control management consultancy based in Douala – Cameroon