Corporate Income Tax (CIT), Personal Income Tax (PIT including PAYE and withholding tax) are also key contributors to domestic revenue.
Onduparaka signs 12 players ahead of premier league season, Vendors in Kitgum evicted from market for not voting chairperson’s preferred candidate, Turning your Covid-19 innovations into viable businesses, EU considering legal options against UK over contentious bill, Tunisian president meets with visiting Algerian FM, cooperation discussed, Airlines ready to fly out of Entebbe Airport, Gulu task force, clinical school disagree over relocation of COVID-19 patients, India’s COVID-19 tally surpasses 6 million, vaccine expected early next year, Travelers irked by prolonged absence of MV Kalangala, EU launches action plan for smarter, efficient customs, CCTV footage lands Bobi Wine’s bodyguards in deeper trouble, NSSF: It is double digit, 10.7% interest despite COVID-19. On August 26-27, the African Tax Administration Forum (ATAF) hosted its 4th High-Level Tax Policy Dialogue in partnership with the African Union Commission (AUC) and with support from the African Development Bank (AfDB). Illicit financial flows (IFFs) are movements of money and assets across borders which are illegal in source, transfer or use. She explained that for one to be assessed for tax, they must have a physical address, which is a pre-requisite that does not tally with digital economies because they operate online and barely have a physical footprint, yet they mint lots of money in sales. The uptake of e-commerce and the adoption of video-conferencing, for example, have increased rapidly. Kampala, Uganda | JULIUS BUSINGE | At the 4th international conference on tax in Africa organized by Africa Tax Administration Forum (ATAF), a grouping of 38 countries held at Serena Hotel from Nov.19-22, tax experts agreed they would find ways to answer this question. The experts would also use the conference to look at innovation through use of technology in Africa to strengthen tax systems and develop solutions to broadening the tax base, dealing with high net worth individuals, assessment and collection among others so as to increase tax efficiency and effectiveness. On August 26-27, the African Tax Administration Forum (ATAF) hosted its 4th High-Level Tax Policy Dialogue in partnership with the African Union Commission (AUC) and with support from the African Development Bank (AfDB). endobj
<> With the pressure on domestic revenue mobilization driven by the African Union Agenda 2063 and the United Nations Sustainable Development Goals Agenda 2030, domestic taxes offer an opportunity to the African tax administrations to mobilize revenues within their borders.