Scribd Logo
Upload

Welcome to Scribd!

  • Cameroon Tax

    Uploaded by

    Amba Fred
    6 views1 page
    The document outlines the roles and procedures for a tax office principal. The principal is responsible for monthly tax declarations including VAT, DSF, patent and business licenses. The principal extracts tax performance data from accounting software, calculates draft tax returns, and sends them to entities for validation within 72 hours. Once validated, final returns are prepared and payments are processed and receipts sent back to the tax department. Regular reporting to senior management is also required.

    Original Description:

    Original Title

    Cameroon tax

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document outlines the roles and procedures for a tax office principal. The principal is responsible for monthly tax declarations including VAT, DSF, patent and business licenses. The principal extracts tax performance data from accounting software, calculates draft tax returns, and sends them to entities for validation within 72 hours. Once validated, final returns are prepared and payments are processed and receipts sent back to the tax department. Regular reporting to senior management is also required.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Cameroon Tax

    Uploaded by

    Amba Fred
    The document outlines the roles and procedures for a tax office principal. The principal is responsible for monthly tax declarations including VAT, DSF, patent and business licenses. The principal extracts tax performance data from accounting software, calculates draft tax returns, and sends them to entities for validation within 72 hours. Once validated, final returns are prepared and payments are processed and receipts sent back to the tax department. Regular reporting to senior management is also required.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Role / Job Principal Procedure Recommendatio

    Title duties
    Tax office  Monthly  Extract information on performance for each entity from Odoo software. 

    declarations  Determine the tax base


     VAT  Compute draft tax return in collaboration with each entity
     DSF  Sent the draft tax returns to GMs and financial department of each entity for
     Patent validation within 72 hrs
     Business  After validation the draft is sent back to the tax department and the final returns
    license are prepared and sent to entities to execute the payment
     Rental tax  For payments by cash, the cash must be available by the 10th of each month
     Lease  After payment a copy of the payment receipt is sent to the tax department
    registration  For VAT and monthly declarations draft tax returns must be sent to the entities
     Payroll latest the 5TH of each month
    taxes  Draft returns for DSF must be sent to entities latest the 31st of January
    (handled by  VAT, payroll taxes and monthly declarations must be paid before the 15 th of each
    CAMES) month (for the previous month)
     Patent and business licenses payable before 28th February
     DSF payable before 31st march.

    Reporting  Reports are prepared periodically and submit to PDG 

    Supervision / 

    Control
     

    You might also like