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African Interests In Global Tax Rules

The African Union and relevant partners, in regard to addressing the issue of wasteful tax incentives, stemming of illicit financial flows respectively, and improving continental domestic resource mobilization necessary for the development of the continent. Africa moves to protect its interests in the global tax rules to increase revenues and stem illicit financial flows, the meeting discussed parameters of the African position on the promotion of inclusive and effective tax cooperation at the United Nations and on the consideration of the enactment of a Domestic Minimum Top-up tax for tax base protection ahead of the incoming global tax rules, is Africa starting to wake up and move with the world ?

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