A Legal Overview of the Money Transfer Tax; Section 228 (A-E) of Finance Law of the Republic of Cameroon for the 2022 Financial Year and Its Implication on Mobile Money Users
Taxes serve as one of the major means by which governments around the world generate revenue to finance their numerous projects. Hence, tax law serves as one of the major instruments that guides how the practice is to be carried and what is to be taxed. That is the reality when looking at the Finance law in Cameroon which is one of a special nature as it is passed annually. Hence, this paper focuses on conducting a legal overview of the money transfer tax; section 228 (a-e) of finance law of the Republic of Cameroon for the 2022 financial year and its implication on mobile money users.The paper does so by making use of the doctrinal method of data collection which consists of reviewing of existing literatures, journals and articles, observation and examination of texts relating to the subject in question. The data collected was analysed by use of the thematic content approach.The ensuing results reveals the possibility of inadequate research prior to the passing of the Money Transfer Tax as it is evident by the huge implications it will have on the whole economy and mobile money users and industry in Cameroon.The findings gave room for recommendations to be proffered amongst which is the call for law makers to pay special attention on the possibility of suspending the law or better still revisiting it to adequately assess its implication on the concerned sectors and the economy of Cameroon as a whole. It also laid a great foundation for further research to be done in this area of the law
Year of publication: |
[2022]
|
---|---|
Authors: | Sone, Patience ; Rene, Ntoko Ntonga ; Trinity, Ful ; Ake, Amah Alphonse |
Publisher: |
[S.l.] : SSRN |
Saved in:
freely available
Extent: | 1 Online-Ressource (11 p) |
---|---|
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 7, 2022 erstellt |
Other identifiers: | 10.2139/ssrn.4005900 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013297824
Saved in favorites
Similar items by person
-
The Doctrine of Indemnity and Fire Insurance Policy in Cameroon
Rene, Ntoko Ntonga, (2020)
-
The Challenges Faced by the International Seabed Authority in the Management of the Area
Ngum, Fongwa Kesten, (2021)
-
Ngum, Fongwa Kesten, (2021)
- More ...