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Department | PUBLIC LAW |
Project ID | PB12 |
Price5 | 15000XAF |
| International: $20 | |
No of pages | 30 |
Instruments/method | QUALITATIVE |
Reference | DOCTRINAL |
Analytical tool | YES |
Format | MS word & PDF |
Chapters | 1-5 |
2
Introduction
State revenue appears to be the backbone of taxation law. The collection of state revenue consists essentially of the recovery or collection of tax revenue and other similar sources as tax is the primary and main source of state revenue. However, revenue collection generally relates to a government agency’s actions to collect outstanding financial obligations from the public. Revenue might come from a variety of sources: taxes, royalties, various duties, license fees, fines or use of state facilities. Typically, each government agency is responsible for collecting revenues it might be entitled to receive. As such it would be important to look at the procedure for the collection of state revenue.
The rules that apply in revenue collection is different from that of execution of state revenue. With respect to revenue collection, there is also an administrative phase and an accounting phase respectively performed by the authorizing officer and the public accounting officer. The principle of the separation of authorizing officers and public accountants also applies to revenue operations. With respect to revenue, the authorizing officer shall ascertain the rights of the state and other public entities validate them and issue the corresponding debt securities and, the public accountant shall collect the revenue.[1]It should be noted that the scope of the finance law is not at all the same as far as revenue operations are concerned. The finance law establishes an obligation for the government to collect the budget revenue as provided. In assessing the procedure for the collection of state revenue we shall elaborate on: the normal procedure for revenue collection and the special legal proceedings as well as the adjustment to the normal procedure.
- The Normal Procedure revenue collection
The revenue collection has two complementary aspects: the implementation of recovery operations and the payment of the tax that is the result.
1.2 The agents responsible for recovery
The collection of the tax is ensured by the accounting agents who fulfill their mission under their personal responsibility. They belong to the financial administration and can be grouped into three.[2]
The collection of the tax is ensured by the accounting agents who fulfill their mission under their personal responsibility. They belong to the financial administrations and can be grouped into three groups.
THE COLLECTION OF THE STATE REVENUE IN CAMEROON