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.
High-net-worth individuals (HNWIs) pose a challenge, as governments face rising debt, climate change mitigation costs, and cuts to foreign aid.
Increasing domestic revenues while ensuring fairness and credibility in tax systems is a priority, with a focus on the wealthiest citizens, whose numbers are growing in Africa.
A focus on the wealthiest citizens... has become both an economic and political priority.
African tax leaders are meeting in Uganda to address this issue.
Author's summary: African tax leaders discuss taxation of the wealthy.