Africa vs profit shifting

African countries heavily rely on the income generated by multinationals’ taxation, which can represent as much as 88% of a country’s tax base. Little wonder Africa is involved in the OECD’s initiative to address tax base erosion caused by profit shifting, known as BEPS. The need to strengthen inter-governmental co-operation to curb cross-border tax losses was reaffirmed at the Africa Tax Administration Forum (ATAF) in Sandton on 21 April 2015.

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More:

Combating BEPS and making sure we have fair tax systems: An OECD/G20 venture

Africa's tax system: A survey




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Last update: 11 March 2020

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