African Tax Leaders Meet to Tackle Effective Taxation
The taxation of the wealthy is a key challenge for tax professionals and policymakers worldwide, including in Africa.
Governments face pressure to increase domestic revenues due to rising debt, climate change mitigation costs, and cuts to foreign aid, while ensuring fairness and credibility in tax systems.
A focus on taxing high-net-worth individuals (HNWIs) has become an economic and political priority, as their numbers grow in Africa.
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Author's summary: African tax leaders discuss taxation of the wealthy.