
Calculate TVA in Cameroon: Rates, Examples and How It Works
What is TVA in Cameroon and how does it work?
The Value Added Tax or TVA is a tax applied to the sale of goods or services. The TVA is collected throughout the production and distribution chain, ensuring that at the end of it, it is the consumers who pay it.
To determine the TVA you need to consider the sale price of the product or service offered, and also a specific percentage to obtain the final cost of the TVA. The percentage to be charged varies depending on the product or service in question. Similarly, on the social demands that the countries in question face.
The standard percentages are usually imposed on the purchase of general goods and services, while the lower percentages, usually correspond to essential products or food. For example, a smartphone may have a TVA of 19.25%, which would be the standard TVA;
Types of TVA in Cameroon
General TVA of 19.25%