Yaounde: Finance Minister orders nationwide control of payment of automobile tax 0

The Minister of Finance, Alamine Ousman Mey has announced a nationwide campaign to control the effective payment of automobile taxes through civil responsibility insurance.

The campaign according the announcement begins today the 1st of June 2017. The control comes after the merger of payment at the treasury alongside insurance policies. Drivers will be expected to present valid insurance attestations to control agents as justification for the payment of the automobile stamp duty.

The campaign is in conformity with article 598 of the general taxation code which warrants automobile stamp duty to be collected through insurance companies during subscription or renewal of automobile insurance policies.

 Vehicle and motorcycle owners who are still to obtain the civil responsibility insurance or automobile stamp duty for the 2017 fiscal year have been urged to do so or face sanctions. The sanction ranges from fiscal penalty of 100%, a fine and the impoundment of the vehicle.

Source: CRTV