Cameroon’s Directorate General of Taxation has published Circular 003 of 15 January 2018, which outlines the application of the tax measures of the Finance Law for 2018 (Law No. 2017/021). Some of the main measures affecting companies include: New rules to disallow the deduction of losses arising from fraud or misappropriations in computing company tax; The introduction of an automatic transfer pricing documentation filing requirement for companies managed by the Large Taxpayers Office, including that the documentation should be submitted by 15 March of the following year (tax return deadline) and that a penalty of up to 50 million CFA...