16/11/2017 - On 16 November 2017, an OECD delegation met Cameroon’s Minister of Finance Alamine Ousmane Mey in Yaounde to discuss progress being made in implementing the new international standards to combat tax avoidance and tax evasion.
Cameroon is an active member of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) and the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). Cameroon has also signed the multilateral convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.
The visit launched an Induction Programme to assist Cameroon in the implementation of the BEPS package, with a focus on the four minimum standards, and the standard for the automatic exchange of financial account information (AEOI).
The visit was organised on the sidelines of the 10th Plenary Meeting of the Global Forum taking place 15-17 November 2017 in Yaounde and attended by senior tax officials from 82 countries and jurisdictions, as well as representatives from 9 international organisations.
A technical workshop with tax officials from the Ministry of Finance and the tax administration from Cameroon will be delivered on 31 January 2018 in Yaounde to elaborate a roadmap for the implementation of the new international standards.