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Evasion and fraud: African countries must review their taxes with multinationals

18/07/2023
Source : ORISHAS FINANCE
Categories: Sectors

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L'ONG Oxfam International brought together experts for a knowledge-sharing workshop on taxation. During this meeting, a document was signed encouraging active citizen participation in the formulation of economic and social policy guidelines. African countries are thus called upon to review their taxes with multinationals in order to deal with invasion and tax evasion

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States will have to continue to deal with tax evasion by multinationals without reforming international tax rules. Illicit financial flows remain a major challenge for West African countries, apart from the damage caused by Covid-19 on economic growth. For the director of Oxfam Senegal, Khar Ndiaye, tax justice is one of the major axes of their organization. “It is necessary for the State and the private sector to consider reforms to ensure greater transparency and accountability to populations. It is essential to involve multinationals.” For his part, the chief inspector of taxes and domains, Alioune Thioune, indicated that Senegal is in the process of seeing what does not suit it to correct the mistakes

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