Cameroon to impose 2% tax on mobile services in 2016

17 Dec 2015

Mobile network operators providing services in Cameroon will pay 2% of their turnover from calls and internet services to the government starting from next year, reports Business in Cameroon. This is in line with the 2016 Finance Bill which has recently been passed by members of parliament and is now on its second reading at the Senate. The tax implementation will align itself to a request from the Economic and Monetary Community of Central Africa (CEMAC) and allow the Cameroonian government to increase its tax base, improving on the XAF617 billion (USD1.03 billion) reportedly paid by telcos in the period 2012 to 2014.