Companies to pay their income taxes via cell phone

Making reference to the innovations being implemented in 2014 by the Cameroon Tax Office at the last GICAM debate dinner, the Director General of Income Taxes (DGI), Modeste Mopa Fatoing, announced that companies will now be able to pay their income taxes using Mobile Money, the cellular phone-based payment system provided by MTN Cameroon.

According to the DGI, “this service will allow companies to pay their income taxes without leaving their offices or having to contact tax office agents.” This will save time and will no doubt help to increase the number of users of the cell-phone-based payment system being promoted by mobile telephone operators.

On January 28, 2013 in Douala, Orange Cameroun’s senior management had revealed that the Orange Money service, previously launched in September 2011, already had 700,000 users nationwide.

This figure is likely to explode now with the number of promotions recently offered by mobile phone operators to get their customers to sign-up for cellular phone-based payment services.