African Tax Administration Forum (ATAF)’s Post

Today, we are with African Tax Administration Forum (ATAF) and the African Union in Kigali for the East, South & Northern African Consultantion on International Tax Reforms. Getting feedback from our constituents represents a major strategy in our push to birth a global financial architecture that works for all, especially for the African Continent. #internationaltax #UN #Africa

“Africa is a continent of diversity, especially when it comes to taxes. It’s like trying to solve a puzzle where each piece comes from a different box,” says Paul Frobisher Mugambwa, Head of Tax and Fiscal Policy at PwC Rwanda. Guiding multinationals through this complexity requires deep cultural understanding and strategic finesse. Learn more about the unique challenges and opportunities in the latest issue: https://lnkd.in/dx69Qib4 #TaxAdvisory #PwCRwanda #TheTaxPrismMagazine #MultinationalTax

Tax to GDP is still a thorn in the flesh for many African countries. It seems that African countries are still collecting at rates way below the juicy rates achieved by OECD countries. The reasons for this still confound many but a large untaxed informal sector may be part of the reasons.

Invitation: Africa's Taxation Lanscape Virtual Roundtable Dear Members and Friends, The development of broad-based taxation policies in Africa is key to driving sustainable economic growth, stimulating private sector investment, and creating jobs that align with the SDGs. As Africa's GDP growth shows promising trends, establishing predictable and harmonised tax systems is crucial for ensuring long-term economic stability and prosperity. If you are interested in participating in this online roundtable, please register your interest using the link below. https://lnkd.in/e73K2tG5 #BritishChamberOfCommerceZambia #Taxation #EconomicGrowth

Tanzania 🇹🇿 calls for the creation of a new and flexible framework to advance international tax cooperation to tackle today’s global challenges, noting that existing frameworks have exhibited inefficiencies and priorities that conflict with the objectives of the #UNTaxConvention. Read more 👉 tjna.me/4d1aQiF #TaxJusticeAfrica

📘 [OUT NOW] 𝑅𝑒𝑣𝑒𝑛𝑢𝑒 𝑆𝑡𝑎𝑡𝑖𝑠𝑡𝑖𝑐𝑠 𝑖𝑛 𝐴𝑓𝑟𝑖𝑐𝑎 2024 This report highlights the latest trends in tax revenues across 36 African countries, including Mozambique, Somalia and Zambia for the first time. In 2022, Africa’s average tax-to-GDP ratio rose by 0.5 percentage points to 16.0%. However, the level remained below other regional averages (19.3% in Asia-Pacific, 21.5% in LAC and 34.0% in OECD countries), underlining the need for diversified and sustainable revenue strategies. The report also examines trends in non-tax revenues and features a special chapter on facilitation and trust as drivers of voluntary tax compliance, based on a study by the African Tax Administration Forum (ATAF). 📥 Access the report and explore detailed country data: English ➡️ https://lnkd.in/dbnfMCTD French ➡️ https://lnkd.in/dBNNZc_d

Last week, Brian Kanyi and I participated in a session with the Finance and National Planning Committee of Parliament to discuss Kenya’s ratification of the Multilateral Convention aimed at implementing measures to prevent base erosion and profit shifting (known as the BEPS Multilateral Instrument or MLI). The MLI acts as a mechanism to amend multiple existing Double Tax Treaties (DTTs) in effect, facilitating the incorporation of treaty-related BEPS actions. This signifies a positive step forward in safeguarding Kenya’s tax base. Presently, Kenya has 15 DTTs in effect. Despite substantial foreign direct investment from countries like the United States of America and Japan, Kenya lacks DTTs with these nations. We remain optimistic that this matter will be addressed in the near future. Watch: https://lnkd.in/dfQnWRT3 #DoubleTaxation #TaxTreaties #Multilaterals #TaxPolicy

The international taxation landscape is still playing catch up to the advancement of more globalized ways of doing business. The OECD has over the years proposed various measures to address the issue of base erosion and profit shifting by Multinational Enterprises through cross boarder transactions. While we await the National Budget 2024/25 to be read tomorrow, we are eager to see what Tanzania shall implement from the OECD's recommendations as part of the current global tax reforms. Our Donasia J. Massambo has delved into this subject and expounded on what Africa is doing in this article that was published on the Citizen Newspaper today. https://lnkd.in/ezacA55t #internationaltaxation #OECD #BEPS #Nationalbudget2024/25

𝐄𝐚𝐬𝐭 𝐀𝐟𝐫𝐢𝐜𝐚’𝐬 𝐓𝐚𝐱 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐓𝐚𝐱 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐢𝐧 𝐓𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐄𝐫𝐚 The 52nd East African Revenue Authorities Commissioners General Meeting (EARACG) concluded in Nairobi with resolutions focused on digital service tax adoption and anti-smuggling measures, bringing together senior tax administrators from all EAC member states, including new members DRC and Somalia. Under the theme "Enhancing tax compliance through effective community engagement in a digital era," the meeting, opened by Cabinet Secretary Hon. CPA John Mbadi Ng'ongo, emphasized enhancing domestic revenue mobilization through improved tax collection strategies and regional harmonization. Seven key resolutions were adopted during the two-day meeting, including tax exemptions rationalization, enhanced compliance risk management, AI and technology integration for tax compliance, digital economy taxation frameworks, strengthened anti-smuggling measures, operationalization of the EAC Multilateral Double Taxation Agreement, and harmonization of regional tax policies. The participating administrations agreed to continue engagement through an approved work plan, with the next EARACG meeting scheduled for May 2025 in Rwanda. #EARACG #TaxCompliance #DigitalTaxation #EACIntegration #TaxInnovation #RegionalDevelopment #RevenueGrowth

Just one week to go! From December 2 to 6, 2024, the African Tax Administration Forum (ATAF) will host its Annual Meetings in Kigali, Rwanda. 🌍 This is a unique opportunity to connect with global tax professionals, government representatives, and private-sector experts. 💡 Our team – Jurate Venskeviciute-Buciene, Innocent Hoimian and Michailas Traubas – is eager to meet and discuss how to:  - Increase revenue collection and streamline tax administration.  - Accelerate VAT refunds and reduce VAT-related debt.  - Enhance audit efficiency.  - Improve cost-efficiency for businesses and governments.  - Strengthen legal frameworks and foster transparency.    Contact us to schedule a meeting: https://lnkd.in/gbMZNvZc Can’t make it? Stay tuned for updates – we’ll bring you highlights throughout the event. 📢 #ATAF2024 #TaxInnovation #DigitalTransformation #eInvoicing