Africa: Fighting Tax Evasion and Tax Avoidance

[AfricaFocus] The UN Economic Commission for Africa (ECA), in its annual Economic Report on Africa, focused on financing development in Africa, highlighted the urgency to curb what it termed "revenue leaks" through tax evasion and tax avoidance, as well as through misguided government policies. Multinational corporations, corrupt officials, and financial intermediaries around the world siphon off African wealth, leaving national budgets starved for resources to invest in health, education, and sustainable economic growt

from AllAfrica News: Africa
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