Page 37 - Atouts Economiques Cameroun-2019-GB
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                 equipped services (banks, insurance companies, microfinance institutions, mobile operators, elec- tronic payment platform managers).
Among the reforms that came into effect as of 2018, we can mention a few tax innovations for a better taxation. In fact, about fifty changes have occurred in the tax system to broaden the base, simplify procedures and release the energies of economic actors.
As we know, the mobilization of tax revenues has proved to be even more crucial with the decline in oil revenues recorded in recent years. The faci- lities introduced by the tax administration are all the more welcome in such a situation. The Government has thus introduced important facili- ties in the refund of VAT credits.
The tax administration admits that in the past, requests for the refund of these credits were sub- ject to prior validation checks by the tax depart- ments of the companies and the central services of the Directorate General of Taxes (DGI), which might have penalized some. From now on, for low-risk companies, refund is automatically made upon request. For medium-risk companies, it will require a simple validation and for others (high- risk), this will be done after a general audit of accounting.
Another simplification concerns the streamlining of the time limits for referral to the administrative court and the presentation of moratoriums, the supervision of the procedure for the exchange of documents and the production of findings by the General Prosecutor's Office. Deadlines have been shortened to force stakeholders to be more responsive and quick. In addition, during the jurisdictional phase, MINFI now has jurisdiction to grant a suspension of payment for the quarrel- led amount.
Another novelty of the Finance Bill is the sanctio- ning of the requirement to register to active tax- payers file in order to carry out customs opera- tions. This was due to the fact that inactive tax- payers routinely and without concern would carry out customs operations. In addition, the Government has validated the principle of joint control taxes / customs, a synergy that will necessarily be profitable.
At a totally different level, the 2018 Finance Bill bears the marks of government's desire to rationalize public expenditure, with a view to reducing the state of State's lifestyle. There will be a clear reduction in the operating expenses of the ministries and grants to public institu-
tions, among other things. Besides, after the more rigorous provisions taken by the govern- ment on the purchase and maintenance of administrative vehicles, other strict rules have been adopted to avoid mismanagement, waste and other plagues that badly impact public money.
At the same time, expenses related to buil- ding rentals, sanitary evacuation, communi- cation costs, fuel and lubricant supply, inter- nships, scholarships and seminars abroad, among others, are cropped. This is so that they should each other be more aware of the orthodoxy now in force, but especially so that the quality of spending, thus improved, would allow to render the State more effec- tive in its action. On this point and in a nuts- hell, it is about spending better with little, by making quality efforts. It is also a question of keeping a watchful eye, in the context of stra- tegic planning, on the priorities, with regard to capital expenditure financed by appro- priate resources n
The premises of the General Direction of Taxes of Yaounde

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