For Transparency In Tax Revenue
By Godlove BAINKONG, Cameroon Tribune
Cameroon and Cameroonians, like the rest of the world, are just a few days away from 2016. A year that is obviously pregnant with a multitude of expectations by all and sundry.
Government is, no doubt, bracing up and devising every workable strategy to raise the FCFA 4,234.7 billion contained in the next State budget. At least to get earmarked life-changing projects
off the ground and possibly improve the living conditions of the population. Over the years, this has been the ardent desire of the Yaounde authorities.
Cameroon and Cameroonians, like the rest of the world, are just a few days away from 2016. A year that is obviously pregnant with a multitude of expectations by all and sundry.
Government is, no doubt, bracing up and devising every workable strategy to raise the FCFA 4,234.7 billion contained in the next State budget. At least to get earmarked life-changing projects
off the ground and possibly improve the living conditions of the population. Over the years, this has been the ardent desire of the Yaounde authorities.
Besides
the oil sector, grants and loans; government is certainly counting much
on non-oil revenue to lubricate its development machinery that had long
swung into action with target to drive the economy to emergence by
2035. All eyes here are directed at the customs and taxation
departments. With FCFA 2,316,580,000 as earmarked fiscal revenue for
2016 up from FCFA 2,096,530,000 in 2015, the already existing synergy
between the revenue collectors will need to be more than ever
strengthened. Anything short of celerity in mobilising the funds would
be synonymous with shooting the State in the foot as the FCFA 4,234.7
billion is just a projection. Any counter-performance will greatly
jeopardise project execution that government is counting on to lift the
beneficiary population out of poverty and underdevelopment. The six per
cent projected growth rate for 2016 is dependent on project execution
and the timely execution of the project again depends on the
availability of funds.
But
above all, there will be need to inculcate transparency in the entire
process. It is high time our taxation system and the process of
collecting them cease from being seen as a way to stifle ingenuity and
thwart nascent industries from blossoming. People should not pay taxes
as if they were being punished. They should be made to understand why
they are taxed the way they are and why and when each tax is supposed to
be paid.
However,
the much-clamoured synergy between taxpayer and collector can only
yield desired fruits for the State if transparency is the watchword.
Once under-the-table discussions between taxpayers and collectors, that
at best satisfy the egocentric desires of the actors, thrive or when
some taxpayers are stretched beyond limits and others left to go
untouched, the process will continually be looked upon as witch-hunting
or punishment to the weak and political foes.
Taxes,
like any other revenue, are meant to better the living conditions of the
payer. Situations where roads, for instance, deteriorate beyond repairs
even when tollgates are regularly paid or where revenue collectors
erect skyscrapers here and there and arrogantly celebrate their billions
amidst growing sufferings of the masses, to say the least, deter
effective revenue collection.
Cameroonians
and other businessmen therein should be painstakingly made to perceive
that their taxes are needed to give development a chance. The message is
easily channelled when what is collected today is done so in all
transparency and used as such. The taxation department in 2015 began an
operation of broadening the tax base which, from every indication, is
yielding fruit. The Directorate General of Taxation reported that
taxpayers have increased from 2,500 in the last census by the National
Institute of Statistics to 96,791 as at September 2015. Thanks to
broadening the tax base, revenue collection in the first nine months of
2015 fetched FCFA 1,300 billion for the State coffers. This, of course;
is an encouraging move which should be courageously pursued to include
bigwigs who had hitherto taken the pretext of militating for one
political party or the other to evade taxes highly needed to advance
socio-economic development.
Before
turning to the money market, as government is increasingly doing-which
is not bad anyway although it leads to indebtedness; it pays to have all
internal resources sincerely mobilized and transparently used. This is a
surmountable challenge as 2016 rumbles off.
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