Over the first eleven months of 2017, Cameroon ‘s fiscal administration has collected CFA8.5 billion as a result of a vignette reform entered into force Jan. 1, 2017. The vignette fee was indeed transferred to insurance companies for collection.
According to Modeste Mopa Fatoing, director general of the tax administration, who disclosed the figures, it is up by CFA1.5 billion compared what this tax generated the year before.
The director explained that apart from the significant increase, costs were saved by “stopping production of automobile vignettes which were used as payment proof in the past”.
With businessincameroun
