In series:Global Forum on Transparency and Exchange of Information for Tax Purposes: Peer Reviewsview more titles
Published on July 26, 2016
Also available in: French
The Phase 2 review rates Cameroon as overall largely compliant with the international standard. Cameroon’s legal framework generally ensures that ownership, accounting and banking information is available in accordance with the standard. Cameroon has taken action to address a key recommendation made in its Phase 1 peer review notably regarding the dematerialisation of securities in Cameroon, thereby de facto abolishing bearer shares. Cameroon has in place also appropriate organisational processes to ensure provision of responses in a timely manner, but its EOI practice is rather new and remains untested. For further information on Cameroon’s exchange of information practices and to read the full report click here.