Audio By Carbonatix
The Organisation for Economic Co-operation and Development (OECD) and the African Tax Administration Forum (ATAF) have signed a Memorandum of Co-operation, agreeing to work together to improve tax systems in Africa.
Joint activities planned for 2013 – 2015 include technical events for African tax officials, sharing knowledge and developing good practices.
Co-operation efforts will include work in the areas of tax incentives for investment, transfer pricing, exchange of information, taxpayer education, and collection of African revenue statistics and support for the proposed Tax Inspectors Without Borders (TIWB) initiative.
Logan Wort, Executive Secretary of ATAF stated that, “since the inauguration of ATAF, the invaluable support and commitment of the OECD has helped ATAF achieve many successes in its quest to promote economic growth through developing tax administrations on the African continent”.
“In a short space of time, our two organisations have developed a special relationship that has continued to contribute significantly to the sharing of knowledge and the development of technical skills for African revenue administrators. The Memorandum of Cooperation between the OECD and ATAF is a natural extension of this continued partnership”.
Pascal Saint-Amans, Director of the OECD’s Centre for Tax Policy and Administration said “ATAF will help African countries build strong, effective and efficient tax systems and counter erosion of their tax bases. We are delighted with this partnership and fully support ATAF’s agenda”.
“Our joint work with Africa over the past 3 years shows that by sharing knowledge and experience on taxation we can find common solutions to global challenges” he added.
Jon Lomøy, who heads the OECD’s Development Co-operation Directorate, also welcomed the agreement, emphasizing that “this strong OECD/ATAF partnership will boost developing countries’ ability to mobilise domestic resources, invest in development, relieve poverty and deliver public services,” he said.
This Memorandum was signed on the occasion of the Global Forum on Transparency and Exchange of Information in Cape Town, South Africa. The Global Forum brings together 116 members, including 15 in Africa.
The OECD and ATAF will work together to promote African countries’ participation in the work of the Forum.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NADMO dismisses claims residents were not warned before Weija Dam spillage
1 hour -
Government begins payment of 2020 batch of nurses and midwives arrears
1 hour -
Controversial anti-LGBTQ bill presented to Parliament for second reading
1 hour -
Deloitte Partner urges clear, consistent policies to govern mining license renewals, local content
2 hours -
Xenophobic attacks: Ghana must pursue justice for victims beyond evacuation – Bosome Freho MP
2 hours -
BOPP positions sustainable agribusiness as investment frontier
2 hours -
Ga Mantse demands action against chiefs selling lands on waterways
2 hours -
South African Tourism condemns anti-immigrant attacks, reassures African travellers
2 hours -
APSU 2002 Year Group announces key leadership appointments for 97th anniversary hosting & BOLT Steering Committee
2 hours -
Government backs hybrid model for Ghana’s extractive sector, rejects move to shut out foreign investors
2 hours -
LMWG commends Heath Goldfields on 5-year community development plan for Prestea
3 hours -
Eswatini champions SiSwati stories in digital age at World Book Day 2026
3 hours -
Only weak men forgive cheating partner – Yul Edochie
3 hours -
Meta repeatedly snubs EU body over Facebook and Instagram user bans
3 hours -
Family wealth should be viewed as asset class for building transgenerational enterprises – Alex Dadey
3 hours