Summary of the taxes applicable in Cameroon
Le The General Tax Code of Cameroon was established by law n ° 2002-003 of April 19, 2002, replacing the Code of 1973 "for the sake of updating, unification and simplification." It has since undergone several changes, including the Finance Act of 2003 which reformed the tax on personal income (PIT), or by law No. 2009-019 of 1. December 2009 on local taxation.
Table 1 : Corporate taxes
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Corporate taxes
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Taxable persons |
Are liable to corporate tax :
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Taxable products |
Taxable profit is net income determined from the results of the operations of any nature carried out by companies in the base period used for taxation, including including the sale of any assets either in progress or completion. |
Exemption |
Are exempt from corporate tax :
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Rate |
For the calculation of the tax, any portion of the taxable income of less than FCFA 1,000 francs is neglected. The rate is 35%. |
Fixed minimum charge
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The minimum charge under the corporate income tax is the amount of tax due by each company or community which cannot be less than that which would result from the application of 1% of total businesses achieved during the previous year. For taxpayers under the simplified scheme, the rate is increased to
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Table 2 : Tax on craft, industrial and commercial profits
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Tax on craft, industrial and commercial profits
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Taxable persons |
Profits earned by individuals in companies operating in Cameroon and from the exercise of an industrial, trade or craft profession or a mining or forestry operation
The same is true of the profits made by :
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Rate |
The rate, rounded to the lower thousands of francs :
De 0 à 2 000 000 : 10% From 2 000 001 to 3 000 000 : 15% From 3 000 001 to 5 000 000 : 25% More than 5 000 000 : 35%
The tax cannot be less than 1% of the turnover achieved during the year.
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Table 3 : Tax on agricultural profits
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Tax on agricultural profits agricoles
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Taxable persons |
Income earned by farmers, sharecroppers, part settlers, or by owners operating themselves |
Rate |
The rate, rounded to the lower thousands of francs :
From 0 to 2 000 000 : 10% From 2 000 001 to 3 000 000 : 15% From 3 000 001 to 5 000 000 : 25% More than 5 000 000 : 35%
The tax cannot be less than 1% of the turnover achieved during the year.
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Table 4 : Tax on profits from non commercial professsions
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Tax on profits from non commercial professsions
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Taxable persons |
Liberal professions of functions and offices for which the holders do not have the quality of traders Wage income of artists and sportsmen The benefits of all operations, lucrative holdings and sources of profits which is not related to another category of profits or income |
Rate |
The rate, rounded to the lower thousands of francs :
From 0 to 2 000 000 : 10% From 2 000 001 to 3 000 000 : 15% From 3 000 001 to 5 000 000 : 25% More than 5 000 000 : 35%
The tax cannot be less than 1% of the turnover achieved during the year.
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Table 5 :Value added and excise tax
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Value-added tax (VAT) and excise duties |
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Taxable persons |
Are subject to VAT the physical or legal persons, including the decentralized territorial communities and the public bodies, which carry out on a regular or occasional basis and in an independent manner, taxable transactions as set out below. |
Taxable transactions |
Are taxable for VAT the following operations;:
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Exemption |
Are exempt from VAT :
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Rate |
The rates of VAT and excise duties are
General rate: 17.5% Zero rate: 0%
General rate : 25% Reduced rate : 12,5% (passenger vehicles with a cylinder capacity greater than or equal to 2000 cm3 and soft drinks) |
Fixed minimum charge
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For all other professions, the minimum charge is :
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Table 6 : Tax on gambling and entertainment
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Tax on gambling and entertainment
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Taxable persons |
Any natural or legal person who operates in the national territory, as a principal or subsidiary occupation, games which, under any description whatsoever :
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Rate |
The levy is liquidated at 15% of the turnover during the tax period |
Table 7 : Special tax on petroleum products
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Special tax on petroleum products |
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Taxable persons |
The special tax on petroleum products is due the oil companies, distributing taxable goods |
Taxable products |
There shall be a special tax on sales of oil products : premium gasoline diesel
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Exemption |
Are exempt :
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Rate |
The rates are : Premium gasoline : 120 francs per liter ; Gas oil : 65 francs per liter |
SEE ALSO (in French): The Common External Tariffof CEMAC - Local Taxes And VAT in Cameroon