real reporrt

UNIVERSITY OF BUEA

By

NTAH ELIOT NJI BAMA

SM13B420

B.Sc (Buea)

Supervised by:

Mr. Epey John Bate.

Mr. Suh Collins

April, 2016

FACULTY OF SOCIAL AND

MANAGEMENT SCIENCES

DEPARTMENT OF ECONOMICS

AND MANAGEMENT

A Report Submitted to the Department of Economics and Management, Faculty of

Social and Management Sciences of the University of Buea in Partial Fulfillment

of the Requirements for the Award of Bachelor Degree (B.Sc) in Accountancy

A ONE MONTH INTERNSHIP AT REGIONAL TAXATION

TREASURY, LIMBE

DECLARATION

I, hereby declare that this report titled” A ONE MONTHS INTERNSHIP CARRIED OUT

AT THE REGIONAL TAXATION TREASURY LIMBE” is the work of NTAH ELIOT

NJI BAMA.

Signed: Date:

Ntah Eliot Nji Bama

(Student)

The above declaration is confirmed by;

Signed: Date:

Professor Sama Molem (Ph.D.)

(HOD SMS)

ii

CERTIFICATION

This is to certify that the report entitled “A ONE MONTHS INTERNSHIP

CARRIED OUT AT REGIONAL TAXATION TREASURY LIMBE’’ submitted to the

Department of Economics and Management in partial fulfilment of the requirements for the

award of the Bachelor’s Degree (B.Sc) in Accounting, Faculty of Social and Management

Sciences, University of Buea, is the original work of Ntah Eliot Nji Bama (SM13B420). This

work has been duly acknowledged and referred.

Field Supervisor

MR. EPEY JOHN BATE

Co-Supervisor

MR. SUH COLLINS

DATE

Head of department

Ass. Prof. MOLEM CHRISTOPHER SAMA

DATE

Dean of faculty

Prof MARTHA TUNDE

DATE

iii

DEDICATION

This work is dedicated to my entire family the NTAH and NJI Family.

iv

v

ABBREVIATION

FEICOM

(NCSF)

BEAC

RRI

SYSTAC

AMR

SNPM

RBTR

SYGMA

OHADA

CIME

GDI

SMI

CEMAC

CRI

ACCT

NATIONAL COUNCIL SUPPORT FUND

BANK OF CENTRAL AFRICAN STATES

RECETTES REGIONALE DBS IMPOTS

SYSTEM OF TELE COMPENSATION IN CENTRAL

AFRICAN

Avis De Mise En Recouvertment (notice of issue for

collection)

SYSTEM OF MASS PAYMENT

THE SYSTEM OF BULK PAYMENT IN REAL TIME

AUTOMATED SYSTEM OF GROSS PAYMENT

ORGANISATION OF THE HARMONISATION OF

BUSSINESS LAW IN AFRICA

CENTRE DES IMPOTS DBS MOYENS ENTREPRISE

CENTRE DIVISIONALE DES IMPOTS

INTER BANK ELECTRONIC MONEY SYSTEM

ECONOMIC AND MONETARY COMMUNITY OF

CENRAL AFRICAN STATES

CENTRE REGIONALE DES IMPOTS

AGENCE COMPTABLE CENTRALE DU TRESOR

vi

Table of Contents

DECLARATION ................................................................................................ i

CERTIFICATION ............................................................................................. ii

DEDICATION ................................................................................................. iii

TABBREVIATION ........................................................................................... v

CHAPTER ONE

INTRODUCTION

1.1 Background to the Study ............................................................................. 1

1.2 Characteristics of Internship ........................................................................ 2

1.3 Objectives of Industrial Training (Internship) ............................................. 2

1.4 Importance/ Benefits of Internship .............................................................. 3

1.4.1 Benefits of Internship to the Students ................................................... 4

1.4.24Benefits of Internship to the Employers ............................................... 4

1.4.3 Benefits of Internship to the University ................................................ 5

1.5 Limitations of Internship ............................................................................. 5

CHAPTER TWO

OVERVIEW OF THE INSTITUTION

2.1 Brief History of Regional Taxation Treasury Limbe .................................. 7

2.1.1 ORGANASATION CHART OF THE MINISTRY OF FINANCE ........ 8

2.1.2 ORGANISATION OF THE SOUTH WEST REGION TAX ................. 9

2.2 Goals/Objectives of the Organisation ........................................................ 10

2.3 Structures Responsible for the Functioning of the institution ................... 10

2.3.1 Organisation Chart of the Regional Revenue Collector Office for the

South West Region .......................................................................................... 11

2.4 Functioning of the Regional Taxation Treasury ........................................ 11

2.4.1 ROLES OF TAXATION (GENERAL DIRECTORATE OF TAXES) 11

2.4.2 Regional Revenue Collector. .................................................................. 12

2.4.2 ROLES OF THE SECRETARY ............................................................ 12

2.4.3 Recovery Brigade ................................................................................... 13

2.4.4 THE ACCOUNT OFFICE ..................................................................... 14

vii

2.4.5 FUNCTIONS OF THE OFFICE IN CHARGE OF VALUES. ............. 14

2.4.6 FUNCTIONS OF THE CASHIER ......................................................... 15

CHAPTER THREE

TRAINING PROGRAM

3.2 AT THE SECRETARIAT (27th

August 2015) .......................................... 18

3.3 AT THE ACCOUNT OFFFICE (29TH

August 2015) ............................... 18

3.4 At the Recovery Brigade office. (14TH

August 2015) ............................... 20

3.4.1 The Recovery procedures for outstanding tax liability. ......................... 21

A The ordinary Law Procedure for the recovery of outstanding .................... 21

The Importance of an AMR ............................................................................. 22

A.Under the special law procedure .................................................................. 23

B.Guarantee for Recovery. .............................................................................. 24

3.4.2 Limitation on recovery of outstanding tax liabilities. ............................ 24

3.5 At the office for values (30th

August 2015) ............................................... 25

3.6At the Regional Revenue Collectors office (28th August 2015) ................. 27

C.I- SMI (the inter-bank Electronic Money System). ..................................... 27

C.II- SYSTAC (the system of mass payment or the system of Tele

compensation in Central Africa). ..................................................................... 27

C.III- SYGMA (System of Bulk Payment in Real Time). .............................. 28

CHAPTER FOUR

CRITICAL ANALYSIS

4.1 Relationship between Theory and Practice ............................................... 30

4.1.1 Similarities between Theory and Practice .............................................. 30

4.1.2 Differences between Theory and Practice. ............................................. 31

4.2 SWOT Analysis of the Institution ............................................................. 32

4.2.1 The Strengths of the Institution .............................................................. 32

4.2.2 Weaknesses of the Institution. ................................................................ 33

4.2.3 Opportunities to the Institution ............................................................... 33

4.2.4 Threats of the Institution ......................................................................... 34

viii

CHAPTER FIVE

CONCLUTION AND RECOMMENDATION

5.1 Conclusions ................................................................................................ 35

5.2 Recommendations ...................................................................................... 35

5.2.1 Recommendations to the administration of Regional Taxation Treasury

Limbe ............................................................................................................... 35

5.2.2 Recommendations to the University Administration ............................. 37

APPENDICES

APPENDIX 1: Sample of AMR ...................................................................... 38

APPENDIX 3 TAX DISPUTE ≤ FCFA50 MILLION.................................... 39

APPENDIX 4 TAX DISPUTE ≥ FCFA 50 MILLION ................................... 39

APPENDIX 3 TAX DISPUTE ≤ FCFA 50 MILLION ................................... 40

APPENDIX 4 TAX DISPUTE ≥ FCFA 50 MILLION FCFA ....................... 41

APPENDIX 2 REMAINDER LETTER .......................................................... 42

CHAPTER ONE

INTRODUCTION

1.1 Background to the Study

An internship is a requirement by the University of Buea as a partial

fulfilment for the award of a B.Sc. Degree in Accounting. Against the backdrop,

I was privilege to be an intern for a period of one month in Regional Taxation

Treasury Limbe. It covered the period from 29th

July to the 1st September 2015

and was guided by a field supervisor. An internship gives the intern an

opportunity to integrate career related experience into an undergraduate

education by participating in a planned and supervised work. Internship

provides real world experience to those looking to explore or gain the relevant

knowledge and skills required to enter into a particular career field. Internship is

relatively short term in nature with the primary focus on getting someone “on

the job training” and taking what is learned in the classroom and applying it to

the real world. Interns can be high school or university students or even adults

interested in trying out a new career. Many university students do internships to

gain relevant experience in a particular career field as well as to get exposure to

determine if they have a genuine interest in the field. Internships are an

excellent way to begin building those all important connections that are

invaluable in developing and maintaining a strong professional network for the

future.

1

2

1.2 Characteristics of Internship

Industrial experience (INTERNSHIP) has the following characteristics:

It contributes to the student’s personal and professional development

through challenging work assignments and it is completed before the

student graduates from the university.

It is planned and scheduled through consultation with the department

or university so as to fit into the undergraduate experience. These

means an official letter is given with an evaluation form by the

university to the companies to evaluate the students.

It involves a supervision component that is monitoring and

educational.

It includes career related experiences that complement what is learned

in the classroom.

The students have a reflection (reflective journals) and evaluation

process at the conclusion of the internship.

It helps build upon the relationship the department/college/university

has with the employers (institutions).

Internship is most successful when the student, the university and the

employer all share responsibility in making it valuable experience.

1.3 Objectives of Industrial Training (Internship)

The industrial training offered by the university has the following

objectives.

To allow students to get acquainted with business practices and

procedures used in various organizations.

To provide students with preliminary work experience that can

prepare them for their future careers.

To allow students to apply theoretical knowledge acquired during

University studies to practice.

3

To serve the purpose of pre – orientation to the choice of

specialization while permitting students to establish contacts in

business society.

To improve their skills that will help them in future to find a job. This

may be resume writing and passing the employer interview.

To create proper communication of students with the job market i.e.

connection with the job market.

To enable students to narrow their career vision i.e. gives a platform to

choose a particular field exercise to specialize on.

It helps give students a good Résumé i.e. helps to build your CV

(curriculum vitae) which is an added advantage in the job market.

1.4 Importance/ Benefits of Internship

Attributable to the fact that many employers feel that some students lack

the practical experience to excel in the job market, internship has become more

important than ever before. As such there are a variety of different companies

which offers internship to students. One problem commonly cited by employers

is that many graduates do not have the practical skills necessary to excel in the

job market. They also feel that the professionalism of students is less than it

should be. Even though there are a large number of theories on how to

encourage employees and increase profits, it is apparent that enhanced levels of

education are not enough to prepare students for practical work in the job

market. Being able to improve these weaknesses will make graduates much

more effective in their careers.

When looking at internships, it is important to understand what employers

want. A number of studies have shown that there are six attributes that

employers are looking for. This attributes are motivation, leadership, oral

communication skills, experience, and interpersonal skills. There are a number

of employees who naturally have these skills. However, it should be noted that

most employees do not have these traits and they must be taught. When students

4

go through mentoring programs, they must learn to solve problems and

communicate effectively.

It is worth noting that internship is not only beneficial to the student/intern

but also to the university and the employer.

1.4.1 Benefits of Internship to the Students

The following benefits accrue to the interns as a result of embarking on an

internship program.

Firstly, the intern can enhance classroom experience and further develop

and practice the required skills to solve emerging business problems.

Secondly, the students can get practical work experience thus, brightening

their prospects in the changing job market.

Furthermore, internship makes the students more mature and confident.

Students develop personal skills in course of doing the task assigned to them on

internship. Doing these task over and over enable them to gain professional

skills and hence improve their competiveness in the job market.

In addition, other benefits of internship to students are:

Gain the Opportunity to work in career related or professional

environment.

Provides career awareness for the students.

Gives the students the chance to evaluate, reflect upon and try a career

field.

Provide valuable experience that helps secure future employment.

Internship can also earn the intern money or credits.

Provides the students with professional networking contacts.

It makes classroom learning more interesting to students.

Help the student develop job search skills.

1.4.2 Benefits of Internship to the Employers

Internship is beneficial to the employers in the following ways:

5

It can help employers evaluate the students for full time employment.

It also gives the employers access to quality candidates.

It is also beneficial to employers in that students contribute new

energy and ideas to the work place.

Scheduling can be flexible to meet the employer’s needs.

Internship is cost effective to the employers.

1.4.3 Benefits of Internship to the University

Internship is beneficial to the university department in the following ways:

Internship strengthens ties to alumni and the community.

It makes the transfer out process easier for students. That is, it can

easily take out what is taught in school to the society (companies).

Curriculum can benefit through feedbacks from employers.

Helps with retention and graduation.

Strengthens the student’s ties to the university when the experience is

facilitated by the department (university).

1.5 Limitations of Internship

These are the general difficulties that both the students and the university

encounter with the internship program. This include the following

Placement problems: This is one of the major limitations of

internship. At times, students find it very difficult to get a place to do

their internship program.

Language problems: This is a major limitation of internship

especially with the bilingual nature of Cameroon; many students find

it difficult to adapt themselves in zones of different languages.

Pecuniary Aspect: Lack of finances can also hinder internship. At

times students are placed in areas that are far from their residence

which demands daily transport fare which runs for the duration of time

of the internship which is not easily affordable. Also internship

6

requires a certain class of dressing and outfits which cannot be readily

affordable by most interns.

Problems of unrelated jobs. This is also a major limitation of

internship. At times, during the internship, students are placed to

perform “odd task” which are not related to the task in which they are

out to do. For example, an accounting student being placed to carry

out the job of photocopies, running errands etc.

Sexual harassment: This is also one of the prominent limitations of

an internship. At times interns suffer from sexual harassment from the

employers which greatly affects the objectives of the internship.

Lack of access to information: this is also a major limitation. At

times interns are denied access to certain information which is very

vital to the objectives of the internship by employers. These could be

for “security reasons”.

Hatred and jealousy: a lot of interns have been reported to face this

problem. Since internship and its evaluation is a matter of psychology

of the employer, some employers for no justifiable reason may

develop hatred and jealousy for some particular interns.

7

CHAPTER TWO

OVERVIEW OF THE INSTITUTION

2.1 Brief History of Regional Taxation Treasury Limbe

It is one of the departments that make up the Ministry Of Finance in the

Republic of Cameroon. It was created in the former East Cameroon as the

department of direct contributions and in the former West Cameroon as the

“Inland Revenue Department”. On reunification the two departments came

together with the formation of two separate departments that is the

Department of Taxes and the Department of Registration, stamp duty and

trusteeship duty through Ordinance N073/25 of 29

th of May 1973. The

National assembly in their June session finally voted and adopted the above

Ordinance, through Finance law N073/2 of 29

th June 1973. The two

departments operated separately until in 1993/1994 fiscal year (financial

year), were they were fused to form the Directorate of Taxes. At this time

assessment of taxes and gees were done by the two services but maintaining

the two codes (that is; the tax code and the registration and trusteeship

codes).

In the year 2002, the process of fusion was completed through Law

N02002/003 of 19

th August 2002, creating the GENERAL DIRECTORATE

OF TAXES.

8

2.1.1 ORGANASATION CHART OF THE MINISTRY OF FINANCE

MINISTRY OF FINACE

GENERAL DIRECTORATE

OF TAXES

GENERAL DIRECTORATE OF

TREASURY


CUSTOMS

REGIONAL

TAX

CENTRES

OFFICE OF LARGE

ENTERPRISES


BUDGET

9

2.1.2 ORGANISATION OF THE SOUTH WEST REGION TAX

CENTRES

MED

IUM

SIZ

E TA

X P

AYE

RS

OFF

ICE

SER

VIC

E P

RO

VID

ERS

OFF

ICE

REG

ION

AL

TAX

ATI

ON

TR

EASU

RY

REG

ION

AL

REG

ISTR

ATI

ON

UN

IT

SER

VIC

E O

F G

ENER

AL

AFF

AIR

S

SER

VIC

E O

F LI

TIG

ATI

ON

INQ

UIR

Y A

ND

FO

LLO

W U

P O

F C

ON

TRO

LS

SER

VIC

E O

F ST

ATI

STIC

S

DIVISIONAL CENTRE OF TAXES

BAKASSI

DTC MAMFE

DTC EKONDO TITI

DTC BANGEM

DTC KUMBA

DTC MUYUKA

DTC BUEA/IDENAU

DTC TIKO

DTC LIMBE

DIVISIONAL CENTRES OF TAXES SOUTH WEST REGION

10

2.2 Goals/Objectives of the Organisation

Like any other organisation the Regional Taxation Treasury has its own

objectives which include:

To facilitate the declaration of incomes.

To ease the payment of tax liabilities.

Also to provide values to the divisional tax centres at all times

To sensitize the public of changes in the general tax code.

2.3 Structures Responsible for the Functioning of the institution

For any organisation to achieve its goal, it must be well organised such that

objectives can easily be communicated from top management to the lower

levels. In order to ensure the effective functioning of the organisation the

following organs have been put in place with varying functions.

Directorate General of Taxes

The Recovery Brigade

Accounts office

Office in charge of values

Cashier

11

2.3.1 Organisation Chart of the Regional Revenue Collector Office for the

South West Region

2.4 Functioning of the Regional Taxation Treasury

2.4.1 ROLES OF TAXATION (GENERAL DIRECTORATE OF TAXES)

To generally finance the government expenditure. This is done through

assessment and collection of taxes for the state and some public establish

such as local councils, CRTV, FEICOM,(council support fund, national

housing loan fund credit (foncier), chamber of trade and commerce,

agriculture parapublic enterprises.).

Responsible for the formation and formulation of state fiscal policy.

REGIONAL REVENUE COLLLECTOR

CASH AND ACCOUNTS

CASHIER VALUES OFFICE ACCOUNT

OFFICE (FONDE)

SECRETARIAT REGIONAL RECOVERY BRIGARDE

REGIONAL CHIEF OF RECOVERY

12

Handling of fiscal disputes between tax payers and the taxation office.

Sensitizing the general public on updates for the tax codes through

conferences, seminars, publications, media campaign.

Welcoming the public in the tax office.

2.4.2 Regional Revenue Collector.

He is the general overseer of all the activities carried out in the Regional

Taxation Treasury Limbe. He is responsible for the collection of taxes and the

lodgement of the funds into the state account and oversees the activities of the

accounting department, His functions are:

He is responsible for the collection of taxes and duties upon declaration,

He handles the enforcement of “notice of issue for collection (which has

been legalized by the competent tax authority).

He notifies the tax payers of the “issue for collection”.

He issues receipts upon payment of the duties and taxes.

He oversees the transfer of funds from the Treasury into the state bank

(BEAC).

He is responsible for keeping accounts of all collections, issue receipts for

any collection, accepts, scans and protects certified cheques.

He supervises the entire treasury.

2.4.2 ROLES OF THE SECRETARY

It is the main unit for the reception of incoming mails and the sending of

outgoing mails. The secretariat is normally expected to perform the

following functions:

She is in charge for the reception of tax payers and other members of the

general public

She receives all incoming mails and distributes them to the appropriate

offices.

13

She prepares and writes AMR and other notices to be signed by the

Receveur Regional or the Chief of the Brigade.

She takes care of all inquiries and other requests of tax payers.

She keeps all the registers (CNPS, outgoing mail registers, incoming mail

registers).

She provides information useful for evaluating special controls from

Yaoundé and to permit checks and balances to verify figures and control

to see if actual are matched to plan.

She prepares a statement (for outgoing mails) usually done from the 1st to

5th

of each month which is signed by the Regional Revenue Collector to

the Directorate General of Taxes Yaoundé.

She is in charge of typing and printing out reminder letters to be sent to

outstanding taxpayers.

2.4.3 Recovery Brigade

It is headed by the Chief of the Brigade who is the controller of taxes. Mainly

he coordinates the recovery activities in the whole region like organizing all

forceful recovery procedures, preparing updated statements.His functions are:

I. He is in charge of preparing and issuing slips for the payment of

outstanding taxes.

II. He also receives the notice of issue for collection (AMR Avis de

mise en Recouvment see appendix 1)) and registers them in its

registers

III. He is in charge of respecting Recovery procedures by making sure

that all the AMR are served to the various tax payers( who will sign

upon the receipt of the AMR, so as to serve as prove of his

acknowledgment)

IV. He coordinates the whole recovery process and ensures the strict

application of these processes.

14

2.4.4 THE ACCOUNT OFFICE

This is the account office of the Regional taxation treasury. It is the office

charged with the monitoring of the institutions finances and preparation of the

“decade” accounting reports and forwarding the reports to Yaoundé. This office

is also responsible for “picking”. The account office is headed by the “FONDE

POUVOIR” (chief accountant) who carries out the following functions:

Preparation of accounting statements and records of all taxes collected

and values sold.

He is in charge with the control of the accounts and the cash sections

ensuring that all the accounts are balanced after every decade (a decade

here refers to a period of 10 days after which accounts are prepared).

He prepares monthly financial reports of revenue collected. This includes

statistics of all taxes collected for all the other three decades in a month.

He consolidates the accounts of the various tax centers.

He is responsible for picking that is allocating revenues under their

respective imputation (account head).

2.4.5 FUNCTIONS OF THE OFFICE IN CHARGE OF VALUES.

This office is headed by the chief of values and its main function is the

collection and distribution of values to the various tax centers in the region.

Values refer to fiscal stamps and windscreen license which are sold in the

treasury and in all the tax centers. The chief of values has the following

functions:

He is in charge of the collection and storing of values.

He is responsible for the distribution of the values to the various tax

centers.

He keeps record of the disbursement of the values and also the

revenues generated from the sales of the values,

He safeguards the franking machine and keeps record of the all

franking activities.

15

He ensures the availability of values at all times in all the tax centers.

2.4.6 FUNCTIONS OF THE CASHIER

It is made of a principal cashier and two sub cashiers who are charged with the

reception of issue slips and consequently establish the corresponding receipts

for cash or cheque received from the taxpayers. It also performs the following

functions:

She collects money from tax payers upon declaration and payment of

their tax liability.

She sales values (fiscal stamps and windscreen license).

She fills the cash journals and classifies the money collected to their

various account heads.

She pays out pension funds to the retired civil servants.

She prepares the cash registers.

She also does franking of documents (incase there are no fiscal stamps

available).

16

CHAPTER THREE

TRAINING PROGRAM

My internship started on the 23h of July 2015 On this day, I was introduced

to my co-supervisor by the head of the Chief of the Recovery Brigade. I was

explained the rules and regulations of the institution relating to arrival time to

the office, working hours, break time, closing hours. The head of department

then handed my internship application letter and Assessment Form to the senior

accounting officer acknowledging the fact that I have been giving the

opportunity to work in the accounting department.

I was to work in the accounting department from the 29th of July 2015 to

the 26th

of August 2015.The table below shows a summary of the activities

carried out and the knowledge in course of the internship.

The predominant activities performed in the accounting department

include: picking, scanning of cheques, preparation and consolidation of the

various journals (that for cash received and settlement by bank cheques and

bank transfer), and bookkeeping. I was privileged to take part in most of these

activities and those I did not do practically explanations were offered. The table

below shows a summary of the activities carried out and the knowledge in

course of the internship.

17

PERIOD SECTION ACTIVITIES PERSONNEL IN

CHARGE

GENERAL INTRODUCTION

27/7/2015

31/7/2015

Secretariat of RRI -General introduction of secretariat work

-Organization and classification of files

-Reception of incoming mail and transfer of

outgoing mail.

-Introduction to computer

Mrs. Rita

03/8/2015 Cash Office -Reception of tax payers

-Issuing of treasury receipt voucher

-finding of accounting sheet

-balance of the treasury receipt booklet at the end

of the day.

Mr.

10/08/2015

28/08/2015

ACCOUNTS

OFFICE Adjustment recording books

-Studying of cheques, presentation of cheques

-Description and presentation of cheques

Treatment of cheques

-Reception of cheques

-Scanning of cheques

-Transfer of cheques

-To TPG Buea

-To the ACCT Yaounde

-Recording of cheques operating in the

adjustment recording treasury books

Treatment of Bank Transfer

-Description of bank transfer

-recording of bank transfer in readjustment

-Recording in treasury books

-General studying of accounting

-Budgetary account head

-Other credit account head

-Picking or sorting out studying of receipt

booklets

-Studying of cash books

Madam Doline

Mr Soh TAKAM

(FONDE)

31/8/2015 Office in Charge

of values

-What are values?

-Where do they come from?

-How are they kept, dispatched and followed

Mr Soh Valery

1/09/2015

4/09/2015

Recovery office Recovery procedures for outstanding taxes

-The law governing the recovery of the AMR

-Prise en charge of the AMR

-The recovery procedure of the AMR

-Waiver

-Cancellation

Mr Suh Collins

Regional Revenue

Collector

-General advices

-Brief overview of the budget

-Presentation of the Minsitry of Finance

-The department of taxes

- Creation of taxes and functions of taxes

-Difficulties encountered

Mr. Epey

18

3.2 AT THE SECRETARIAT (27th

August 2015)

The secretariat is the office in charge for the receiving of incoming mails

and enquiries, writing of notices and outgoing mails, writing on files and filing

the files in the filing cabinet.

At the secretariat we carried out the following activities:

We were taught how to “visa” a document. That is a document which has

been signed by the Regional Revenue collector to indicate as a sign that the

document is well prepared. This is done by making a sign of whatever form

after which the Round stamp is affixed or super imposed on the sign made.

Later we were show how to file documents into the “chrono” or folder and

taught us how to punch holes to single sheets before inserting the punched

papers into the folders.

3.3 AT THE ACCOUNT OFFFICE (29TH

August 2015)

We were introduced to the Receipt voucher, in it the receipt booklet has 3

sheets each with a different color, one of is kept by the account office, the first

is given to the taxpayers and the second remains in the receipt booklet. There

are two types of receipt booklets based on the different mode of payment, for

cheques and bank transfers we have the “declaration of receipt” and the normal

receipt booklet for cash payment. The work in the account office begins when

the tax payers comes with his “issue slip” from divisional tax centers (CDI).

This receipt booklet is made up of two sides the “debit and credit” sides.

The debit side carries the following information:

The date, receipt number, mode of payment, name, signature and stamp of

the account office, the debtor (tax payer) number, nature of revenue, amount in

figures and in words and the whole total. On the credit side indicates the nature

of the tax (whether budgetary or non-budgetary).

19

We were shown cheques from different banks, the cheques were different

in shapes colors and sizes but the important details were all the same. Cheques

are used to pay tax liabilities which are greater than FCFA 100000.

We were shown how to fill the “pay in slip” whenever a tax payer pay his

taxes. The account also has a scanner which is used to scan cheques to check on

the validity of cheque and if the money has been debited into the tax centers

account. The regional taxation treasury Limbe has a bank account with the

number 12001003961111111111183. The daily journal is used to record all the

transactions of money received each day.

In the account office we were taught how to do “picking” that is the

apportioning of revenues received under budgetary and non-budgetary account

heads, in the picking process the TPF, FEICOM, and Mutation immobilier are

share with some rates between:

Code heads Narrative Rate

480029 TPF FEICOM 18%

480013 STATE 10%

421124701 LCC 54%

421101702 BUEA COUNCIL 54%

421124740 LIMBE 1

COUNCIL

18%

20

3.4 At the Recovery Brigade office. (14TH

August 2015)

In this office were shown the “the notice of remainder” which is sent to a

tax payer who has done his declaration but has not paid the amount due for that

period.

The recovery brigade is responsible for the recovery of outstanding tax

liability.

Tax liability refers to the amount of tax a tax payer is supposed to pay for

a particular period.

Outstanding tax liability refers to a situation in which a tax payer has failed

to or has partially met up his tax obligation. This usually originates from two

situations:

A. Upon declaration: the tax system of Cameroon is “declarative

system”. This implies that the tax payer is free and has the right to

voluntarily come to the tax office and declare his income generated

within the year or tax period, upon declaration three situations arise:

I. The tax payer does not declare.

II. The tax payer declares and pays only a portion of the tax

obligation.

III. The tax payer declares and does not pay.

Outstanding tax liability originates mainly from II and III above.

B. Upon control. This refers to the tax authority assessing the tax payer

based on permanent information available about the tax payer. There

are three types of control namely:

a. Punctual audit. This is an evaluation of the tax payer upon within

a period of one year or within the year.

b. Desk audit. This is an evaluation of the tax payer upon the request

of chief of center or Directorate General of Taxes to assess the tax

payer.

21

c. General audit. This is control carried over a period of three to four

years.

We were made to understand that if the tax liability has exceeded a period

of four years upon which no AMR was served or one was served but the tax

payer cannot meet up the liability the debt will be cancelled.

3.4.1 The Recovery procedures for outstanding tax liability.

The CGTC (Cameroon General Tax Code) gives the Recovery Brigade the

authority to follow up and recover outstanding taxes. The CGTC provides two

types ways of follow up and recovery Serving the AMR marks the beginning of

the recovery procedure..

Failure to comply with the amicable phase of recovery ignites the forceful

phase of the recovery procedure which takes place after 15days. This involves:

.

A. Ordinary Law procedure

B. Special law procedure

A The ordinary Law Procedure for the recovery of outstanding

I. The notice of issue for collection (AMR-avis de mise en

recouvertment): a copy is sent to 0the tax payer. It clearly states the

name, address, activity, location, identification number, and period, type

of taxes (principal, penalties, and delay charges) (see appendix 1). This

notice carries two signatures that of the Regional Revenue Collector

(takes the debt into the accounting making it state money), the Regional

Chief of Center (authenticate the nature give it powers to be executed. A

copy of is sent to the tax payer. The notice has 15 days upon signatory by

the Regional Chief of Center for the tax payer to pay up. The follow up

22

brigade is charge with the duty of follow up expiration of the 15 days

forceful measure can be taken. The debt can be managed for a period of 4

years if no action is taken. After the 15days if he does not comply, an

additional 8days will be granted by notice of a letter of Remainder and no

further notification will be sent and all forceful measures will be taken.

Letter of Remainder serves a court injunction to pay.

The Importance of an AMR

It is important in the following ways;

It ascertains a debt.

It marks an end of assessment and the beginning of recovery.

It has executive powers.

The AMR gives a timeframe for petitions.

II. Distraint. This is the sealing of the place of business but the tax payer is

responsible for the security of assets in the place of business. The name of

all the officials present during the sealing and the inventory of all the

property is recorded. Upon sealing the premises of the tax payer, if the

tax payer wishes to pay the amount due whether the revenue is collected

and the sealing will be called off. But if he wishes to pay partially the

revenue is collected and premises is not sealed and an extension is given

based on an amicable agreement. If the assets are claimed by a third party

another measure of security must be taken to guard the property.

III. Sales: this is the last option. If the tax authority realizes that the tax payer

cannot meet up the outstanding tax liability, then the properties of the tax

payer will be auctioned. Once the amount of the tax liability is recovered

from the sales the auction is called off and the remaining unsold property

(if any) is returned to the tax payer.

Special note should be taken in this process because the tax payer can sue a

member of the tax authority if he realizes that he has breach a requirement.

23

A. Under the special law procedure

1. Third party notice. In case a tax payer is owing taxes, and has too many

debtors, the tax authority is permitted to collect the taxes owed directly

from these debtors of the tax payer.

2. A bank. If the tax payer has a bank account, the tax authority is permitted

to issue a notice to the bank to pay on behalf of the customer the amount

of the tax liability (if the amount in the account is less than the amount of

the tax liability, the bank will pay up the amount in the account). The

notice is valid and does not expire until the full amount is recovered. the

tax payer is served a notice

3. External writ. This is done between treasuries. That is if the tax payer

changes his residence or location of business to another tax center

different its original location but the tax payer has outstanding liability in

his former tax center, the former tax center will writ to the current tax

authority of the tax payer to recover the taxes owed.

4. Freezing and blockage of accounts. The tax authority has the right to

instruct the bank not to pay out money from the account of a tax payer

who has an outstanding tax liability.

5. Closure of the establishment. Here, the establishment is sealed and a

report is made and signed by a sworn collector to show that it has been

sealed for the non-payment of the AMR and it is signed by the Revenue

Collector and can only be opened upon payment of the full debt owed.

The Tax payer is responsible for the safety of the assets inside

6. Impoundment of vehicles: Here, the taxpayer’s vehicle is immobilized

(sealing of vehicle) or it may be carried away.

7. Exclusion from public contracts. Here, the taxpayers owing the state

following a notice shall be banned temporarily from submitting tenders

for public contracts until the debt is fully paid.

24

From the above mentioned special legal proceedings the tax officials may

decide on which to begin depending on their effectiveness.

B. Guarantee for Recovery.

A. Preferential rights of the treasury. The state treasury is given

preference over all the other obligations and other liabilities the tax payer

has. It states that the state treasury has preferential rights over all the

movable properties of the tax payer and so the taxes and obligations to

the state must be paid first before other debts of the tax payer.

B. Legal Mortgage. Guarantee on all the immovable assets of the tax payers

(the mortgage runs for two years).

C. Joint or several payments. The other parties linked to the tax payer can

pay the debts of the taxpayer on behalf of the taxpayer. A guarantee of a

party paying the duties.

3.4.2 Limitation on recovery of outstanding tax liabilities.

1. Time bar. (4years), if after 4years with no actions taken the tax owed is

cancelled. But if on the third year a notice is sent to the tax payer then the

tax payer is still liable. It does not affect taxes retained at source.

2. Irrecoverable taxes consider as bad debts. Ill fortunes of the tax payer

may cause the debts to be cancelled. All necessary process must be taken

to show prove of insolvency of the tax payer.

3. Situations of non-respect of the procedures.

4. If a taxpayer files in a litigation letter to the Regional chief of Taxes and

if he feels the taxes- levied against him are unjust and he request for a stay

execution.

25

3.5 At the office for values (30th

August 2015)

Values here refer to stamps and windscreen license. The various types of

values include:

Stamps (fiscal stamps)

Transport stamps (categories)

Vignette (automobile stamps)

Firearms stamps

Advertisement stamps

Direction of stock of stamps

The stock of stamps is kept in the Regional Treasury.

Management of the stock of Stamps

Fiscal stamps are produced in Italy. The stock of stamps is purchased by the

Directorate General of Taxes. He decides on the logo, the shape, the design and

color of the stamp. The stamps are recognize worldwide wherever a Cameroon

Embassy is found.

Regional Treasury.

The regional treasury keeps the stock of the stamps. There are two services that

sell fiscal stamps:

The treasury of Buea and

The Taxation Limbe

It is the Revenue collector who takes the funds to Yaounde. He is in charge

for the collection of the stock of stamps from the DGT in Yaounde and

distributes them between the treasury of Buea and the Taxation Limbe.

The regional treasury through the values office warehouses the stock of fiscal

stamps. The regional office distributes the fiscal stamps to the various divisional

tax centers which are:

Recette Regional

SME

CDI Limbe, Ekondo Titi

26

CDI Tiko

CDI Mamfe, Bejing, Mbangem.

It should be noted that when the treasury distributes the stamps the CDIs are

in charge of their accounts.

When the CDIs sells the stamps, the revenue is directly transferred to the

bank but the funds can be brought to the Regional Treasury but the receipts

of the sales must be brought to the Regional Treasury.

The stamps change every year. At the end of the year if there is any unsold

stock of stamps, the stock is worthless.

If a CDI does not sell all its stock of stamps received, the unsold stock is

returned to the Regional Treasury.

But if the CDI fails to bring the unsold stock, it can prove by any means that

the unsold stock cannot be recovered. An this stock will be constituted as a

deficit (loss) in the state account. On the other hand if the CDI succeed in

selling all the stock of stamps before the month runs out, they can request for

more stamps from the Regional Treasury.

At the end of each month, the chief of Values must take an account of the

various CDIs, sales of the stamps.

On the 31st

of December of each year, all the CDIs are expected to bring in

their accounts to the Regional Treasury. The accounts are consolidated and

sent to Yaounde.

If there is any unsold stock at this date, the stock will be burnt.

Another way of selling the stamps is by use of Franking Machines.

A franking machine is a machine which affixes fiscal stamps on documents.

The machine is credited with the value of stamps. The franking machine

automatically updates the date on the stamps making them valuable and usable.

The stamps franked are recognize worldwide just like the stamps affixed

manually.

27

3.6 At the Regional Revenue Collectors office (28th

August 2015)

At this office we taught on how the funds collected in the Limbe treasury are

forwarded to the state bank account. In CEMAC ZONE, the system of payment

is composed by three sub systems which are:

The System of Bulk Payment in Real Time (RBTR) or Automated

System of Gross Payment (SYGMA)

The System of Mass Payment (SNPM) or System of Tele

compensation in Central Africa (SYSTAC)

The Inter-bank Electronic money System (SMI)

C.I- SMI (the inter-bank Electronic Money System).

The Inter-bank Electronic money System which was the third section of the

reform project which was to allow the emergence of electronic money

characterized by the creation of a vast network of bank notes distributors and

tradesmen of proximity to develop the service of withdrawal as well as the

payment of daily expenditure by the populations using credit cards.

C.II- SYSTAC (the system of mass payment or the system of Tele

compensation in Central Africa).

It treats the operations of significant volume not representing an emergency

character and whose unit amount is lower than 100 million francs CFA. It is a

system of net results. This means at the end of each cycle of clearing operations,

it calculates the multilateral balances of each bank which will be sent for

payment to the SYGMA. It is decentralized at the national level, but of identical

design in each country. It is protected against operational fraud and risk.

Completely automated, it is based on the exchange of electronic transactions,

therefore the decentralization of the transactions and the suppression of the

exchange of paper cheques to the benefit of the Line code (CMC7) and the

digitized photographs of the cheques. It only in one physical clearing house

28

established in the building of the National headquarters of BEAC. All

transactions between this centre and the banks are done in the form of

standardized electronic exchanges, without transport of paper between the

sending banks and recipients.

The choices made as regards to scriptural payments are:

The cheques,

The transfer,

The cash draft

The commercial draft

The transactions with credit cards.

C.III- SYGMA (System of Bulk Payment in Real Time).

It is conceived to treat: Operations of monetary policies, operations between

banks, operations with the customers for more than 100 million, urgent

operations no matter the amount, the settlement of multilateral balances of the

mass payment systems, international transfers with the BCEAO and European

Union in particular, The public debt, The Treasury Operations. The SYSTAC is

a system of bulk payment in real time. The payments are carried out one by one,

when the provision is sufficient and the payments are irrevocable.

Scanning using these systems is done in three stages namely capture,

presentation and construction.

Capture: This begins by counting the cheques and also getting the totals.

Then we click on capture, a table appears and we now place the cheques

in the scanner. Beneath the table we have the amount of cheques scanned

and non-scanned and then we the grand total. As we scan the amount

moves from non-scanned to scan. When the last one is scanned the first

cheque appears for clarifications and the little box appears to the right of

that table containing the amount and date in which you filled the cheque.

Presentation: this is now when the cheques are presented to the various

banks. When we click on presentation the saved cheques appears, after

29

presentation we wait for the responds from the various banks. If no

cheque is rejected then the cheque is ready for payment and the revenue

collector goes and collects the payment.

30

CHAPTER FOUR

CRITICAL ANALYSIS

4.1 Relationship between Theory and Practice

For the period of my Internship, I had a lot of experiences some of which

were almost the same as was taught in class and others which were somehow

different. The main similarities between theory and practical work are explained

below.

4.1.1 Similarities between Theory and Practice

Firstly, the OHADA system of codifying accounts taught in ACC 307 is

equally used in the company to account for its transactions. Transactions are

passed into the system using the OHADA ACCOUNTING PLAN as

prescribed by the OHADA law. The most frequently used classes of accounts

are: Classes 4, 5, 6 and 7 for recording of transactions with Third Parties, Cash

and Bank, expenses and revenues respectively. These accounts are used for

preparation financial statements (Income Statements, Statement of financial

position, Cash flow statements etc)

Secondly, the double entry system of journal entry introduced in ACC 206-

Principles of Accounting is equally practiced in the Organisation. For every

account debited (e.g. Truck expenses such as Fuel – Account 604), there must

be a corresponding account credited (Cash-5711).

Furthermore, I noticed that in leadership, a group must always be under

another and takes instructions from the superior for example, the accountant and

the cashier reports to the Regional Revenue Collector who in turn reports to the

Directorate General of Taxes. This is the same as that taught in MGS 201-

Principles of management.

Equally, the balance sheet is prepared using the OHADA system of

presentation i.e. comparing the assets with the total liabilities and equities.

31

In addition, I confirmed that assets, liability, and equity investments are

recorded and presented in the balance sheet at cost. This is in line with the

historical cost concept of accounting for assets as taught in ACC 311-

Intermediate Accounting I.

4.1.2 Differences between Theory and Practice.

In course of my internship program I equally noticed some differences

between what I learned in class and what I did and/or saw in practice. These

differences are explained in the subsequent paragraphs.

Firstly, most transactions in the institution are computerized. This

constituted a major challenge to me. All the functions performed i.e. scanning

of cheques, forwarding of accounts to the main server in Yaoundé, etc are

computerized. The Chief Accountant’s computer acts as a server, all

transactions done on any of the computers are easily sent to him who

consolidates and forwards the final accounts to Yaoundé. Equally, Excel and

Microsoft word are used for the calculation of total tax collected, picking

(allocation of funds collected to the various account heads) and writing of

business letters respectively. All these are very different from the manual or

hand calculations theoretically taught in class.

Secondly, another experience I had was the handling of cash transactions

such as; cash deposit. In doing this I was opportune to fill a deposit slip, filling

the Livre journal des depenses and handling of huge sum of money as compared

to class works were figures are given in examples to do the banking

transactions.

Furthermore I also noticed that the list of account used in the organisation

differs from the OHADA Accounting Chart used in the Classroom that is the

organisation uses the “nomenclature” which has mainly just two classes (class 7

for budgetary items and class 4 for non-budgetary items)

In addition, I noticed that in practice for each transaction carried out there

must be a back-up. For instance, all cash receipts, issue slips and AMRs are

32

classed in their respective files as well as tax payer(s)’ files which are classed in

their respective folders (each file number is written on the folder), this is not the

case with the theory taught in class.

4.2 SWOT Analysis of the Institution

As any other organization Regional Taxation Treasury has its strengths,

weaknesses, opportunities and threats. These are explained are discussed below.

4.2.1 The Strengths of the Institution

Firstly, the competent and well trained staffs of Regional Taxation

Treasury make her to be able to handle inquiries, disputes and detailed

explanation of changes in the general tax code and the application of these

changes to the general public. The high level of experience and competence

demonstrated by the staffs in executing transactions accounts for the

institution’s high level of satisfaction by members of the general public. The

effectiveness of the staff ensures the rapid attainment of the institutions

objectives.

Furthermore, the geographical location of Regional Taxation Treasury (that

is a stone throw away from the Limbe National Zoo) eases accessibility to the

tax payers. Also the location of the Regional taxation Treasury ensures its

security as it shares it boundaries with the Gandemarie legion. In addition the

multiple location of the divisional tax centres across the region strengthens her

relationship with tax payers and pension benefactors, thus gives her an edge

over her age for time management and avoidance of queuing up in tax offices

by tax payers and pension benefactors and/or other members of the public.

33

4.2.2 Weaknesses of the Institution.

The weaknesses are:

First of all, the availability of only one server for the whole organization. If

the server has a mechanical breakdown work will be halted till the server is

restored to working ways at such this causes interference with work and

commutation of the work of the staff.

Secondly the institution does not have a stand-by power plan. If there is no

power (electricity) work will be halted till the power is restored.

Furthermore the organisation closes at 5 PM just as most of the companies

in that area thus workers are usually held by traffic. This leads to late arrival at

their homes and thus little or no time to rest and prepare for the next working

day. This lack of rest leads to fatigue and therefore reduces workers’ accuracy

and efficiency..

Furthermore, the limited number of photocopy machines (2 Machines in

the accounts office) turns to slow down the company’s activities especially

when many files are to be backed-up and discharged to the Regional Revenue

Collector and/or Directorate General of Taxes. In addition, these two offices are

usually over crowded as workers from other departments depend on these two

machines to run the photocopy of their documents.

4.2.3 Opportunities to the Institution

The following may stand as opportunities for the institution.

If more tax centres are created in the regions where they are lacking it will

create awareness in the region and thus increase accessibility to tax centres.

Also, employment of more trained staffs could act as an opportunity for the

quick execution of task. This will ease the achievement of its objectives.

34

4.2.4 Threats of the Institution

As any other tax centres, the institution has to wait for the tax payers to

come to the tax centres and do the declaration of their income before it can

receive it the tax liability due for that period, this constitute a threat as this may

result in some tax payers not declaring and/or declaring but paying only portion

of their tax liability due which may result to outstanding tax liability.

35

CHAPTER FIVE

CONCLUTION AND RECOMMENDATION

5.1 Conclusions

An internship is a program that is meant to train students and help them

acquire professional knowledge and experience of what they have been taught

in class. Given these opportunity, I had a wonderful experience doing my

internship at Regional Taxation Treasury Limbe. The organisation is there to

serve the interest of the population of Cameroon and particularly the population

of the south west region. It’s well trained and experienced staff, as well as its

well organised Accounting information system accounts for its high ability of

workers efficiency.

Equally, this internship was very encouraging for I learned a lot in my field

of study (accounting) and had practical experiences such as the execution of

banking transactions, picking, filling of cash journals..

I had other experiences from the organization apart from accounting such

as professional ethics and morality.

5.2 Recommendations

The recommendation will be divided into two sections, that is, to the

administration of Regional Taxation Treasury Limbe and to the University of

Buea.

5.2.1 Recommendations to the administration of Regional Taxation

Treasury Limbe

Despite the efficiency and effectiveness of the activities carried out at

Regional Taxation Treasury Limbe and given the weaknesses outlined above,

there are some adjustments that need to be made. The following

recommendations if taken into consideration I believe will help reduce, why

not, wipe out some of the aforementioned weaknesses.

36

Firstly, since most of the operations of the institution are done using the

internet, management should endeavour to maintain the efficient internet

connection in the office by restricting the use of the service for the operations of

the company. Also provisions should be made for operations to be done offline

so much so that any failure in internet connection will not lead to a halt in

operations.

Secondly, as earlier mentioned, the closing hours of work in the institution

should be revised. The closing hours should be at least 30 minutes earlier than

the normal 5 PM. This will help to reduce the risk of traffic and enable workers

to reach their homes early and have enough time to rest and prepare for the next

working day.

Equally, the absence of a stand-by power plan should be resolved so that

work is halted in case of power failure.

Also lighting conditions should be improved and maintained especially in

the conference hall. To add to this access to water in the rest room should be

made so that workers and/or members of the public can easily flush and wash

their hands after using the rest rooms.

Furthermore the unavailability of portable water in the institution

compound should be handled such that workers and/or members of the public

and interns can easily get a drink of water when they feel thirsty.

They should also post bills which shows tax payers how to fill their

declaration forms, this will reduce congestion and delay in the declaration

process.

To conclude, a strict follow up should be put in place to check the time the key

holders to the main offices are at work on time. At such at exactly 8pm the

offices will be opened and work will begin effectively.

37

5.2.2 Recommendations to the University Administration

Due to the fact that most of the transactions performed by institutions

nowadays are computerized students while on internship faced a lot of difficulty

in using the software or even working on the computer because they lack the

basic knowledge in computing. As a result, I suggest the University should offer

practical courses in computerized accounting and banking so that students

taking any of these programs will not be embarrassed when they go on

internship, and why not into the job market at the end of their Degree program.

38

REPUBLIQUE DU CAMEROUN REPUBLIC OF CAMEROON

PAIX –TRAVAIL- PATRIE

MINISTERE DES FINANCE

DIRECTION GENERALE DES IMPOTS

CENTRE REGIONAL DES

IMPOTS DU SUD OUEST

RECETTE REGIONALE

DES IMPOTS DE LIMBE

No

/14MINFI/DGI/CRISO/RRI/LBE

Sir,

By issue for collection (see table below) the amount of taxes imposed on your establishment

and brought to your notice as at this date stands at follows:

NO

AMR DATE OF

AMR

PRINCIPAL PENALTIES TOTAL

1 076/3 18/08/13 2 787 713 2 871 342 5 659 055

2 090/13 27/09/3 635 071 644 598 1 279 669

3 119/13 28/09/13 1 393 838 1 435 650 2 829 488

4 143/13 28/11/13 1 393 838 1 435 650 2 829 488

5 029/4 13/03/14 30 108 928 10 387 580 40 496 508

TOTAL 36 319 388 197 744 820 53 094 208

I call on you to proceed with payment of the above taxes to enable me update your file in my

office.

Failure to pay within 48 hours as from the date of reception of this present notice, I

will proceed with other forceful recovery procedures as detailed in the General Tax Code

without any further formality.

PEACE-WORK=FATHERLAND

MINISTRY OF FINANCE

GENERAL DIRECTORATE OF TAXES

SOUTH WEST REGIONAL

CENTRE OF TAXES

REGIONAL TAXATION

TREASURY – LIMBE

LIMBE LE

THE TAXATION TREASURER Accept Sir, my best

wishes.

APPENDIX 1: Sample of AMR

39

APPENDIX 3 TAX DISPUTE ≤ FCFA50 MILLION

Diagram 3: LITIGATION LESS THAN OR EQUAL TO FCFA 100 MILLION FROM

A TAX PAYER OF THE ITU.

Claim if rejected if rejected

30 days 30 days 30 days

Incase of a demand Incase of Incase of demand

For a respite payment administrative Appeal for a respite

APPENDIX 4 TAX DISPUTE ≥ FCFA 50 MILLION

Diagram 4: LITIGATION GREATER THAN OR EQUAL TO FCFA 100 MILLION

FROM A TAX PAYER OF THE ITU





Notice of issue for

collection ≤50 million

FCFA RTC MINFI Administrative court

Payment of 10% of the

contested amount

Payment of the non-

contested amount

Payment of the non-

contested part + 10%

of contested amount

Payment

Notice of issue for




contested amount

Payment of the 10%

contested amount

Payment of the non-


of contested amount

Payment

40

APPENDIX 3 TAX DISPUTE ≤ FCFA 50 MILLION

Diagram 1: LITIGATION LESS THAN OR EQUAL TO FCFA 50 MILLION FROM

TAX PAYERS OF DTC, STC, MTO





Notice of issue for




contested amount

Payment of the non-

contested amount

Payment of the non-


of contested amount

Payment

41

APPENDIX 4 TAX DISPUTE ≥ FCFA 50 MILLION FCFA

Diagram 2: LITIGATION GREATER THAN FCFA 50 MILLION FROM TAX

PAYRES OF DTC, STC AND MTO

Claim if rejected

if rejected 30days 30 days

In case of a demand payment in case of incase of demand

for respite administrative appeal for respite

Notice of Issue for collection

≥50 million


contested amount

Payment of the non-

contested part + 10% of

contested amount

RTC

Payment of the non

contested amount

MINFI Administrative

court

Payment

30

days

42

APPENDIX 2 REMAINDER LETTER

REPUBLIQUE DU CAMEROUN REPUBLIC OF

CAMEROON

PAIX –TRAVAIL- PATRIE

MINISTERE DES FINANCE

DIRECTION GENERALE DES IMPOTS

CENTRE REGIONAL DES

IMPOTS DU SUD OUEST

LIMBE

NO

/MINFI/DGI/CRISW/LBE OF

LE RECEVEUR DES IMPOTS

THE TAXATION TREASURER

TO (ADDRESS)

Subject: Reminder Letter

Sir,

I have the honor to inform you that the balance of outstanding taxes in reference to

AMR No096/10 of 04/05/2010 stands at:

Principal 0

Penalty 18 680 000

Total 8 680 000

Consequently I hereby invite you to with payment of the said debt within 48hours

following receipt of this reminder letter.

Failure to act as stipulated above, legal forceful recovery measures will be taken

against you as provided in Articles M55 et al, of the General Tax Code (manual tax

procedure.

Kindly accept my best regards.

PEACE-WORK=FATHERLAND

MINISTRY OF FINANCE

GENERAL DIRECTORATE OF TAXES

REGIONAL CENTRE OF TAXES

SOUTH WEST

LIMBE

real reporrt

Documents