ATAF, PAP strengthen tax legislation
the executive secretary of the African Tax Administration Forum (ATAF), Mr Logan Wort and the Speaker of the Parliament Honourable Nkodo Dang, signed a five-year MoU to formalise cooperation between their respective institutions on tax policy and tax administration reforms on the continent,” said ATAF in an update.
Prior to the signing, Mr Wort was invited by the Speaker to make a presentation on the “Correlation between Illicit Financial Flows (IFFs) and taxation and the collaborative role that their two institutions can play in addressing this issue on the continent”.
These included capacity building and tax education for Members of Parliament through ATAF, a stronger advocacy role for Members of Parliament on tax issues and domestic resource mobilisation in national, regional and continental fora, in line with the African Union’s Agenda 2063, and the role of Parliamentarians in enacting sound national tax legislations, as well as collaborative tax research initiatives between PAP and ATAF.
ATAF, which has been endorsed by the African Union as the African voice on tax matters, considers sound domestic tax legislations and the development of expertise on tax treaties key conditions for the implementation of effective tax reforms on the continent. The organisation views the PAP as a critical strategic partner given the oversight and advocacy roles of the Parliament.
The MoU comes just days after the 5th Ordinary General Assembly of ATAF in Gaborone, Botswana, where participants explored ways to move Africa beyond aid and is viewed by both signatories as a significant step towards stemming illicit financial flows, improving domestic resource mobilisation and funding Africa’s development.