Country-by‑Country Reporting – Compilation of 2025 Peer Review Reports

Cameroon

Overview of CbC reporting requirements

First reporting fiscal year: Commencing on or after 1 January 2024

Consolidated group revenue threshold: XAF 492 billion

Filing deadline: 12 months following the end of the reporting fiscal year

Local filing required: Requirement suspended

Surrogate parent entity filing permitted: Yes

First review of domestic legal framework: 2023-2024

Summary of recommendations

Area of implementation	Recommendations for improvement
Domestic legal and administrative framework	None.
Exchange of information framework	It is recommended that Cameroon take steps to implement the necessary processes or written procedures to ensure that the exchange of information is conducted in a manner consistent with the terms of reference relating to the exchange of information framework.
Appropriate use	Not reviewed.

The domestic legal and administrative framework

The definition of Group

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “Group” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.1

The definition of MNE Group

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “MNE Group” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.2

The definition of Constituent Entity

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “Constituent Entity” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.3

The definition of Consolidated Financial Statements

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “Consolidated Financial Statements” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.4

The definition of Fiscal Year

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “Fiscal Year” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.5

The definition of Reporting Entity

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “Reporting Entity” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.6

The definition of Systemic Failure

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon amend its legislation to include a definition of “Systemic Failure” that is in line with the standard. Cameroon has amended its legislation and this recommendation is removed.7

Contents of the Country-by-Country report

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon publish the full content and format requirements of the CbC Report. Cameroon has published the full content and format requirements of the CbC Report and this recommendation is removed.8

The local filing provision

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon take steps to ensure that local filing only occurs in the circumstances permitted under the minimum standard. Cameroon has suspended its local filing requirement and this recommendation is removed.9

Cameroon has suspended local filing for the 2024 fiscal year. Cameroon has advised that local filing requirements for future fiscal years will be suspended where Cameroon has not yet met the confidentiality and appropriate use requirements of the minimum standard. This will be monitored.

Currency fluctuations

Cameroon’s 2023-2024 peer review report included a recommendation that Cameroon clarify that the annual consolidated group revenue threshold calculation rule applies in line with the OECD guidance on currency fluctuations in respect of an MNE Group whose Ultimate Parent Entity is located in a jurisdiction other than Cameroon. Cameroon has issued guidance making this clarification and the recommendation is removed.10

The exchange of information framework

Cameroon’s 2017-2018 peer review included a recommendation that Cameroon take steps to have qualifying competent authority agreements in effect with jurisdictions of the Inclusive Framework which meet the confidentiality, consistency and appropriate use conditions and with which Cameroon has an international exchange of information agreement in effect that allows for the automatic exchange of tax information. Cameroon has now activated relationships under the Multilateral Competent Authority Agreement for exchanging CbC reports, and this recommendation is removed.

It is recommended that Cameroon take steps to implement the necessary processes or written procedures to ensure that the exchange of information is conducted in a manner consistent with the terms of reference relating to the exchange of information framework. This recommendation remains in place since the 2018-2019 peer review.

Appropriate use of CbC reports

Cameroon is a non-reciprocal jurisdiction and, as such, will not receive CbC reports submitted to tax authorities in other jurisdictions, and will not apply local filing. It is not necessary for this peer review evaluation to reach any conclusion with respect to Cameroon’s compliance with the terms of reference on appropriate use.

Notes

← 1.   https://www.impots.cm/sites/default/files/documents/Instruction%20prix%20de%20transfert01-13-2025-170334.pdf

← 2.  Ibid.

← 3.  Ibid.

← 4.  Ibid.

← 5.  Ibid.

← 6.  Ibid.

← 7.  Ibid.

← 8. https://www.facebook.com/DGICAM/posts/d%C3%A9cision-pr%C3%A9cisant-le-contenu-le-format-et-certaines-modalit%C3%A9s-du-d%C3%A9p%C3%B4t-local-de/1013761930778252/

← 9.  https://www.impots.cm/fr/actualites/communique-presse-12

← 10. https://www.facebook.com/DGICAM/posts/d%C3%A9cision-pr%C3%A9cisant-le-contenu-le-format-et-certaines-modalit%C3%A9s-du-d%C3%A9p%C3%B4t-local-de/1013761930778252/