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, prompting the need for increased domestic revenues and fair tax systems.
A focus on taxing the wealthiest citizens has become an economic and political priority, given the growing number of wealthy individuals in Africa.
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Author's summary: African leaders discuss taxing the wealthy.
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