CEMAC: tax harmonization to boost the common market

The achievement of the common market through the free movement of people and goods remains a concern for the Economic and Monetary Community of Central Africa (CEMAC) considered to be the least integrated part of the continent due to insufficient means of communication and procrastination of States.

Compliance with Community Treaties is one of the challenges of the 13th ordinary session of the Standing Commission for Tax and Accounting Harmonization (CPHFC) from November 2 to 4, 2021 in Douala, the objective of which is to strengthen regional integration. These events take place in a difficult context marked by an economic recession of -1.7% in 2020 in the CEMAC zone due to the health crisis linked to Covid-19 and the stagnation of economic and trade exchanges which are around 3 % for a community of nearly 60 million people.

The main topics of discussion relate to the draft text establishing the Community Telephone Tax (TCAT) as well as the reform on the issuance of licenses. The said works take into account the implementation of Assistance Programs in tax policy and administration with partners within the framework of the implementation of the Economic and Financial Reform Program (PREF-CEMAC), the search for funding for the outcome. integrative projects and the Regional Economic Program (PER), the aim being to ensure the well-being of the populations and to achieve effective integration in Central Africa.

In view of this gloomy picture, the Commissioner in charge of the Common Market, Michel Niama, called on experts to a “constructive spirit and impartiality” and “not to give in to the sovereignist temptations of your States, of which you do not. are not the defending lawyers within the Permanent Commission for fiscal and accounting harmonization, which is not intended to become a ring where various contradictory opinions clash, defended tooth and nail by each delegate, but a forum for exchanges, giving and receiving between its members ”.

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