REPUBLIC OF CAMEROON PEACE – WORK – FATHERLAND
2018/021 11 DEC 2018
LAW N. _______________ OF _______________
SETTLEMENT LAW OF THE REPUBLIC OF CAMEROON FOR THE 2017 FINANCIAL YEAR
The Parliament deliberated and adopted, the President of the Republic hereby enacts the law set out below:
# SECTION 1
BUDGET REVENUE
The final amount of State budget revenues for the year 2017 was established at the sum of CFA F 4 529 703 498 754, broken down as follows:
(In CFA F)
| Head | Description | Budget Passed | Execution | Execution rate (%) |
|---|---|---|---|---|
| A- GENERATED REVENUE | 3 143 300 000 000 | 3 131 616 860 793 | 99.63% | |
| I- TAX REVENUE | 2 519 130 000 000 | 2 524 855 087 390 | 100.23% | |
| 721 | Personal income tax | 226 055 000 000 | 241 542 389 425 | 106.85% |
| 723 | Tax on non-oil company profits | 355 000 000 000 | 319 500 153 006 | 90% |
| 724 | Income tax on persons resident abroad | 83 000 000 000 | 62 806 350 724 | 75.67% |
| 728 | Tax on transfers and transactions | 55 020 000 000 | 54 092 846 876 | 98.31% |
| 730 | Value added and turnover taxes | 1 001 500 000 000 | 1 048 485 772 198 | 104.69% |
| 731 | Taxes on specific products and excise duties | 335 800 000 000 | 327 007 963 772 | 97.38% |
| 732 | Taxes on specific services | 3 270 000 000 | 3 880 864 736 | 118.68% |
| 733 | Taxes on the right to practise a profession | 11 390 000 000 | 11 241 175 869 | 98.69% |
| 734 | Taxes on authorization to use property or exercise an activity | 30 000 000 | 54 128 238 | 180.43% |
| 735 | Other taxes on goods and services | 10 835 000 000 | 10 590 014 840 | 97.74% |
| 736 | Import duties and taxes | 373 080 000 000 | 375 550 353 314 | 100.66% |
| 737 | Export duties and taxes and other taxes on foreign trade | 25 720 000 000 | 22 653 512 238 | 88.08% |
| 738 | Registration fee and stamp duties | 38 430 000 000 | 47 449 562 154 | 123.47% |
| II- OTHER REVENUE | 624 170 000 000 | 606 761 773 403 | 97.21% | |
| 201 | Revenue from concessions | 0 | 0 | |
| 710 | Administrative fees and charges | 14 653 000 000 | 5 150 226 531 | 35.15% |