Humanitarian & Cultural Causes in Africa
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Boosting #Africa’s tax revenues

Boosting #Africa’s tax revenues | Humanitarian & Cultural Causes in Africa |
Taxes on corporates and individuals have steadily declined in Africa just as national budgets are being stretched. How can Africa boost tax revenues?
Igor Espanhol's insight:

"In late August, South African telecoms giant MTN, Africa’s biggest mobile operator, was stunned by an $8.1bn demand from Nigeria’s Central Bank, which had accused the firm of illegally sending money abroad. With executives and investors in a state of disbelief and shares plunging to a nine year low, the firm barely had time to respond before the country’s attorney general – an unusual outlet for such orders – demanded a further $2bn in taxes and charges from the company in an unrelated case just days later."

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Humanitarian & Cultural Causes in Africa
Social, Humanitarian & Cultural Causes in Africa. Investors Europe Sponsors Aurelie D'Unienville. . Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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