- Circular No. 020 was issued by the Cameroonian Directorate General of Taxation on May 8
- It clarifies the implementation of Law No. 2023/019, the 2024 finance law
- The circular includes the elimination of the VAT exemption for high consumption products such as parboiled rice
- The changes apply to invoiced deliveries and imports made as of Jan. 1
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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