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Update - Additional Measures of Cameroon's Finance Law for 2021

|Approved Changes|Cameroon
Cameroon

Further to the measures previously reported, Cameroon's Finance Law for 2021 includes measures for:

  • The introduction of a reduced felling tax of 3% (standard 4%) for forestry companies that can prove they have been duly certified by the competent authorities in terms of sustainable forest management;
  • The expansion of the scope of the 3% stamp duty on advertising to include the free distribution within the framework of commercial promotion (i.e., gifts), with an increase in the advertising st…

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