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Cameroon to Implement Three New Taxes

|Proposed Changes|Cameroon
Cameroon

On 20 November 2015, Cameroon's draft Finance Law for 2016 was submitted to parliament. The main tax-related measures include the introduction of three new taxes, including:

  • A cash transactions tax;
  • A telecommunication services tax; and
  • A domestic gas distribution tax.

Subject to approval, the new taxes are to apply from 1 January 2016.

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