Africa reports progress exchanging information on IFFs and achieving tax transparency
African countries showed significant progress in 2019 exchanging information on illicit fund flows (IFFs) and achieving tax transparency according to a report produced by the Global Forum for Transparency and Exchange of Information for Tax Purposes, the African Union and the African Tax Administration Forum in partnership with the African Development Bank.
Tax Transparency in Africa 2020 also reports increased political awareness of and commitment to improve revenue capture in Africa and developing capacities in African countries in tax transparency and exchange of information.
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