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Commercial Writer
The African Tax Administration Forum (ATAF) officially launched yesterday its 2018 edition of the African Tax Outlook, the largest collaborative tax statistics initiative on the continent. 19659004] The Flagship publication provides a reliable source of information on taxation and thus constitutes "a solid African and global benchmark for tax policy formulation and tax administration reforms in Africa," he said. ATAF in a statement. The 2018 African Tax Outlook (ATO) publication brings together valuable, practical and relevant descriptive and badytical work on tax issues for the 2010-2016 period of 26 African countries.
"This is the very first attempt of the African tax authorities to compare, in a consistent manner, the revenues collected by the African tax authorities.
" It evaluates and compares 26 countries in relation to seven major categories: recipes total taxes, individual taxes, non-tax revenues, taxes and customs. According to the ATAF, the indicators are crucial for African tax authorities that implement reforms and policies to broaden the tax base, reduce tax differentials, reduce taxes and reduce taxes . simplify and improve the fairness of tax systems, improve overall voluntary compliance, and keep decision makers informed about tax issues.
The 2018 edition of the ATO reveals, among other information: variations in economic performance, measured by real gross domestic product, among participating countries.
According to the report, Rwanda recorded 8.6% of the highest growth rate in 2016 1.4% on average for sub-Saharan Africa. 2016. Of the 26 OAB countries, 10 recorded negative real growth in revenues.
Uganda, Seychelles and Lesotho recorded increases of 2.37 and 2.26 and 2.4 percentage points respectively in their tax-to-GDP ratio. 2015.
Meanwhile, Botswana, Zimbabwe and Angola recorded respective declines of 3.44 and 3.18 and 2.18 percentage points of their tax-to-GDP ratios.
ATAF stated that Value Added Tax (VAT) remains the cash cow in most OAB member countries, with an average VAT rate of 31 percent higher than the OECD average of 20 percent.
The personal income tax (PPI) ratios to GDP countries are still very low compared to those of the OECD The regional tax body has insisted on the need to modernize taxpayer services stating that tax returns and taxpayer payment information were on the list of low-income countries. most activities that take a lot of time for tax administrations.
By 2016, 88% of ATO countries would have modernized their tax collection processes. The use of electronic systems to replace traditional means of submission and payment eliminates errors badociated with manual submissions.
ATAF is an organization that was created by African tax authorities in 2009 to improve tax performance. administrations in Africa.
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