Managers of Wealth Africa

Africa Tax in Brief

Finance and Economic Planning Minister Seth Terkper presented the government's 2014 Budget and Financial Statement to Parliament on 19 November 2013.

Making fiscal decentralisation work: lessons from around the world - OECD

This is the first time that the revenue aspect of decentralisation has taken centre stage at a global level to allow countries to debate key questions about who should tax what and share good practices and experiences.

Tax Avoidance Cost Africa Trillions Of Dollars

Two recent reports throw new light on tax avoidance in Africa, a practice estimated to have cost the continent more than a trillion dollars over the past few decades.

ActionAid Slams Barclays for Corporation Tax Avoidance Promotion in Africa

ActionAid has slammed Barclays for claiming to be a "force of good" despite promoting the use of offshore tax havens to big companies operating in Africa

Global Forum moves towards automatic exchange of tax information and transparency

The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide.

Some Private Sector Tax Evaders Identified by SARS, Says Gordhan

Finance Minister Pravin Gordhan says the South African Revenue Service has already noted a number of cases of wealthy individuals who are not paying their fair share of tax.

IMF Denies It Favors Wealth Tax

The International Monetary Fund issued a statement on November 05, 2013 denying that it favors a wealth tax

Deloitte Rejects ActionAid Tax Claims

Deloitte has come under fire for issuing double tax treaty advice to large companies operating in some of Africa’s poorest countries

Companies and Institutions Cited in Tax Evasion to be Prosecuted – Dr Apaak

Presidential staffer, Dr Clement Apaak, has hinted of possible prosecution of companies and institutions cited in recent tax evasion.

New Website for Kenyan Whistleblowers To Report Tax Cheats - Report

The Kenyan government plans to create a new website enabling whistleblowers to report tax evasion, smuggling and corrupt tax officials anonymously and will reward them with a share of any revenue it recovers as a result

The IMF Lays The Groundwork For Global Wealth Confiscation

The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report

South Africa and UK agree to work together to tackle offshore tax evasion

South Africa will join the pilot scheme for the automatic exchange of tax information launched by the United Kingdom

African Tax System Seen As Constraint For Foreign Businesses

Compliance with tax legislation and practice was found to be "by far the biggest challenge facing the tax functions of companies doing business in Africa

African Leaders Urged to Raise voice Against Tax Havens

Over USD 50bn Leaves Continent in Illicit Financial Flows

Isle of Man signs tax info exchange deals with Lesotho

The Isle of Man has signed two more tax information exchange agreements .

Tax evasion holding back Africa's growth

Most African countries have tax bases that could realize their development goals

Global experts to meet in Kenya on fighting tax fraud

Kenya is set to host an international tax conference from Monday to seek ways of fighting tax fraud and encouraging international cooperation.

Gambia: Two Dutch Nationals Charged With Tax Evasion

Counsel for the accused persons objected to the charge sheet on the grounds that the Income and Sales Tax Act was repealed.

G20 summit: states chase tax evaders with plan to swap data globally

New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies

OECD's Gurría presents G20 Leaders with proposal to tackle tax evasion

OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.