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Tax legislations : ATAF Signs a historical MoU with the Pan-African Parliament
ATAF signed a critical Memorandum of Understanding today with the Panafrican Parliament in view of combining forces to stem illicit financial flows on the continent.
October 29, 2018, Kigali, Rwanda - The African Tax Administration Forum (ATAF) signs a historical Memorandum of Understand (MoU) with the Panafrican Parliament (PAP) in a bid to strengthen tax legislations in Africa and combat illicit financial flows (IFF).
On the margin of the First ordinary session of the fifth parliament which took place this Monday 29 October 2018 at the Kigali Convention Centre in Rwanda, the Executive Secretary of the African Tax Administration Forum (ATAF), Mr Logan Wort and the Speaker of the Parliament Hon. Nkodo Dang, signed a five-year Memorandum of Understanding (MoU) to formalize cooperation between their respective institutions on tax policy and tax administration reforms on the continent.
Prior to the signing, Mr Wort was invited by the Hon. 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.
On the margin of the First ordinary session of the fifth parliament which took place this Monday 29 October 2018 at the Kigali Convention Centre in Rwanda, the Executive Secretary of the African Tax Administration Forum (ATAF), Mr Logan Wort and the Speaker of the Parliament Hon. Nkodo Dang, signed a five-year Memorandum of Understanding (MoU) to formalize cooperation between their respective institutions on tax policy and tax administration reforms on the continent.
Prior to the signing, Mr Wort was invited by the Hon. 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 signed a critical Memorandum of Understanding today with the Panafrican Parliament in view of combining forces to stem illicit financial flows on the continent.
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. It therefore 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.
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.
