The executive of the bill ratifying the tax treaty between Cameroon and China was received by the elected members of Parliament. The text aims to eliminate double taxation on income and to combat tax evasion and tax evasion.

The bill will allow both countries to eliminate double taxation in income taxes and improve the existing framework to combat tax evasion and tax evasion. The agreement that has been signed 17 octobre 2023 à Beijing, au nom du Gouvernement du Cameroun will promote the establishment of better conditions for the promotion of investments in our country through the numerous fiscal advantages it grants, in particular, the elimination of double taxation, the preferred rates taxation of investment income, the non-discrimination clause and the amicable procedure in case of disputes, among others. According to the l'exposé des motifs du texte, “ Convention, existing legislation in the fight against tax evasion and tax evasion will also be improved.”

The text submitted for the consideration of elected officials justifies that the Convention will promote the establishment of better conditions to promote investments and attract foreign investors to Cameroon. This convention provides several tax advantages, including preferential tax rates on investment income, the principle of non-discrimination guaranteeing taxpayers' rights, as well as strengthened cooperation between the two tax administrations to combat international tax evasion