It is imperative to note that this tax has been levied on :

  • Imports made by Traders and
  • Purchase made by traders from manufacturers, importers, wholesalers, semi-wholesalers and dealers in timber, with the exception of purchases made by the State, Councils and persons living abroad.

Purchases made by manufacturers with tax legislation numbers who are assessed on the basis of actual results are not subject to the advance purchase tax. Enterprises that do not have tax payer's cards are assessed at a rate of 5% instead of 1%. This tax is set off against personal income tax or company Fax payable for this year.

NOTE: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for specifics.

For further information contact Mr Nico Halle, Tel: +237 42 64 79 or Fax: +237 43 26 34 or enter text search 'Nico Halle Law Firm' and 'Mondaq Business Briefing'.