On 24 November 2014, Cameroon's Prime Minister presented the Draft Finance Law for 2015 to parliament. Key measures of the draft law include: A reduction in the corporate tax rate from 35% to 30% An increase in the minimum lump-sum tax from 1% to 2% The disallowance of input VAT credit refunds if the transactions are conducted in cash The introduction of a threshold of 2.5% of taxable profit for the deductibility of royalties The introduction of a 2% registration duty on the indirect transfer of Cameroonian shares by foreign companies, even when the transfer is made abroad The abolishment...