AU, ATAF seek stronger tax systems to curb revenue leakages in Africa

The African Union Commission and the African Tax Administration Forum (ATAF) have emphasized the need for stronger tax systems in Africa to curb revenue leakages and illicit financial flows. During a meeting at the African Union headquarters in Addis Ababa, ATAF and the African Union Commission agreed to deepen collaboration on tax compliance, domestic revenue mobilisation, and the taxation of extractive industries.

The focus of the discussions was on implementing the Agreement on Mutual Assistance in Tax Matters, which aims to strengthen cooperation among African tax administrations through information exchange, assistance in tax collection, and joint tax examinations. Both institutions also emphasized the importance of strengthening Africa's tax treaty networks and engaging the private sector in tax compliance efforts.

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