African Tax Leaders Meet to Tackle Effective Taxation of the Wealthy
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 due to rising debt, climate change mitigation costs, and cuts to foreign aid, pushing governments to increase domestic revenues while ensuring fairness and credibility in tax systems.
A focus on the wealthiest citizens, whose numbers are growing in Africa, has become an economic and political priority.
African tax leaders are meeting in Uganda to address this issue.
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Author's summary: African tax leaders meet to discuss taxation of the wealthy.
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