Cameroon launches tax recovery operation in the gold sector
It said the operation will target operators active in the East and Adamaoua regions, with the state saying it aims to regain control of its gold sector.
Cameroon has launched a wide-scale operation aimed at recovering approximately $680 billion in tax and customs revenues from the production of some 17 tonnes of gold.
The crackdown comes amid discrepancies between the volumes of gold produced and the amounts declared by companies – potentially costing the state billions in lost tax revenue.
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