Update - Additional Measures of Cameroon's Finance Law for 2021

Further to the measures previously reported, Cameroon's Finance Law for 2021 includes measures for:

• The introduction of a reduced felling tax of 3% (standard 4%) for forestry companies that can prove they have been duly certified by the competent authorities in terms of sustainable forest management;
• The expansion of the scope of the 3% stamp duty on advertising to include the free distribution within the framework of commercial promotion (i.e., gifts), with an increase in the advertising st…