Tax credits arising from input TCA that could not be fully deducted can be set off against future output TCA until the credit is fully recovered. However, if the credit for a period of three months exceeds 15 Million Francs CFA , it has to be confirmed by the Director of taxes. When validated, the credit can be deducted as from the month following the one in which the validation took place. Finally credits that could be recovered from out-put TCA can be used to pay other taxes, duties or levies through the mechanism of special treasury cheques.

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

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