The Cameroonian President Dec. 23, 2024, posted online Law No. 2024/013, the 2025 finance law. The law includes measures: 1) specifying the procedure for personal and corporate income tax calculations and providing provisions on taxable profits; 2) establishing various return filing deadlines for specific taxpayers; 3) specifying a list of essential goods exempted from VAT; 4) penalizing border transactions that hide money laundering and terrorist financing; 5) providing a 50 percent reduction on taxable import value for animal feed supplements; 6) providing a 50 percent reduction in the taxable value for specified electrically powered vehicles and motorbikes for 24 months; ...
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