Extractive Industries : Government tightens grip on tax collection
Owners of extractive industries in Cameroon with a tax rate that is less or equal to FCFA 100,000 million in 2021 are currently taking part in a training on Beneficial Ownership Transparency (BOT).
According to the Ministry of Mines, Industries and Technological Development, developing countries loss up to USD 1 trillion yearly to hidden beneficial owners.
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