Pfizer
JF-Expert Member
- Mar 25, 2021
- 304
- 518
Correspondent in Zambia
The African Tax Administration Forum (ATAF) disclosed that additional tax assessments totalling USD 4.75 billion have been recorded since 2016. Of this sum, USD 1.92 billion was collected from audits conducted in member countries. Specifically, in 2023, the forum facilitated tax assessments amounting to USD 1.41 billion, leading to the collection of USD 620 million from audits within member countries.
These was revealed during the 14th ATAF Country Correspondent Conference held in Livingstone, Zambia that convened representatives from all 43 ATAF member countries with the objective of addressing pivotal issues, such as strengthening the role of ATAF's Country Correspondents and fostering collaboration among members.
According to press realise issues on 21st February 2024 the conference theme “Evaluating and enhancing information exchange mechanisms in ATAF Member countries, a cornerstone in fostering effective tax governance.” serves as a crucial platform to strengthen relationship and devise strategies for bolstering cooperation, ensuring ATAF's visibility, and facilitating successful service delivery to members.
The conference with representatives from Tax administrations across Africa seeks to build on ATAF's successes over the past 15 years, including offering technical assistance to members, and focusing on areas such as modernization, digitization, the digital economy, and new global reforms.
Representatives from tax administrations across Africa, gathering at the conference, aim to build on ATAF's successes over the past 15 years, including providing technical assistance to members and focusing on areas such as modernization, digitization, the digital economy, and new global reforms.
Regarding technical assistance, ATAF facilitated tax assessments totaling USD 1.41 billion in member countries in 2023 alone, resulting in the collection of USD 620 million from audits. Since 2016, additional tax assessments have reached USD 4.75 billion, with USD 1.92 billion collected from audits in member countries.
ATAF is also dedicated to fostering expertise and knowledge exchange, having organized 20 comprehensive training programs tailored to address the evolving needs of member states in domestic and international taxation in 2023. These initiatives, designed to impart sustainable specialized skills, attracted the participation of 2,053 eager learners from 47 countries. With 180 technical assistance missions conducted across 35 countries, ATAF has played a crucial role in providing invaluable support to administrations striving for tax excellence.
Given the ever-changing global economic landscape and the pressing issue of Illicit Financial Flows, ATAF's Country Correspondents and Exchange of Information Experts will analyse and assess existing levels of exchange of tax-related information among African tax administrations during the conference. This includes identifying opportunities for improvement, showcasing successful models, and fostering collaboration.
Mr. Logan Wort, Executive Secretary of ATAF, conveyed his excitement for the conference, remarking, "The 14th ATAF Country Correspondent Conference presents a distinctive opportunity for African tax authorities to convene, exchange insights, and devise strategies for strengthening our collective organization and enhancing information exchange mechanisms, crucial in combatting illicit financial flows. Through fostering collaboration and sharing best practices, we not only pave the path for more efficient tax governance across the continent but also disrupt channels utilized for illicit financial activities, safeguarding our economies and shaping Africa's tax landscape.
As Africa progresses on its path towards sustainable development, the evaluation and improvement of information exchange mechanisms are of utmost importance. The 14th ATAF Country Correspondent Conference holds the promise of being a pivotal moment in this journey, uniting key stakeholders to chart a course towards more effective tax administration and governance.
The African Tax Administration Forum (ATAF) serves as a platform that unites African tax administrations for mutually beneficial discussions and capacity-building initiatives. ATAF strives to advance efficient and effective tax systems that contribute to the sustainable development of African nations.
The African Tax Administration Forum (ATAF) disclosed that additional tax assessments totalling USD 4.75 billion have been recorded since 2016. Of this sum, USD 1.92 billion was collected from audits conducted in member countries. Specifically, in 2023, the forum facilitated tax assessments amounting to USD 1.41 billion, leading to the collection of USD 620 million from audits within member countries.
These was revealed during the 14th ATAF Country Correspondent Conference held in Livingstone, Zambia that convened representatives from all 43 ATAF member countries with the objective of addressing pivotal issues, such as strengthening the role of ATAF's Country Correspondents and fostering collaboration among members.
According to press realise issues on 21st February 2024 the conference theme “Evaluating and enhancing information exchange mechanisms in ATAF Member countries, a cornerstone in fostering effective tax governance.” serves as a crucial platform to strengthen relationship and devise strategies for bolstering cooperation, ensuring ATAF's visibility, and facilitating successful service delivery to members.
The conference with representatives from Tax administrations across Africa seeks to build on ATAF's successes over the past 15 years, including offering technical assistance to members, and focusing on areas such as modernization, digitization, the digital economy, and new global reforms.
Representatives from tax administrations across Africa, gathering at the conference, aim to build on ATAF's successes over the past 15 years, including providing technical assistance to members and focusing on areas such as modernization, digitization, the digital economy, and new global reforms.
Regarding technical assistance, ATAF facilitated tax assessments totaling USD 1.41 billion in member countries in 2023 alone, resulting in the collection of USD 620 million from audits. Since 2016, additional tax assessments have reached USD 4.75 billion, with USD 1.92 billion collected from audits in member countries.
ATAF is also dedicated to fostering expertise and knowledge exchange, having organized 20 comprehensive training programs tailored to address the evolving needs of member states in domestic and international taxation in 2023. These initiatives, designed to impart sustainable specialized skills, attracted the participation of 2,053 eager learners from 47 countries. With 180 technical assistance missions conducted across 35 countries, ATAF has played a crucial role in providing invaluable support to administrations striving for tax excellence.
Given the ever-changing global economic landscape and the pressing issue of Illicit Financial Flows, ATAF's Country Correspondents and Exchange of Information Experts will analyse and assess existing levels of exchange of tax-related information among African tax administrations during the conference. This includes identifying opportunities for improvement, showcasing successful models, and fostering collaboration.
Mr. Logan Wort, Executive Secretary of ATAF, conveyed his excitement for the conference, remarking, "The 14th ATAF Country Correspondent Conference presents a distinctive opportunity for African tax authorities to convene, exchange insights, and devise strategies for strengthening our collective organization and enhancing information exchange mechanisms, crucial in combatting illicit financial flows. Through fostering collaboration and sharing best practices, we not only pave the path for more efficient tax governance across the continent but also disrupt channels utilized for illicit financial activities, safeguarding our economies and shaping Africa's tax landscape.
As Africa progresses on its path towards sustainable development, the evaluation and improvement of information exchange mechanisms are of utmost importance. The 14th ATAF Country Correspondent Conference holds the promise of being a pivotal moment in this journey, uniting key stakeholders to chart a course towards more effective tax administration and governance.
The African Tax Administration Forum (ATAF) serves as a platform that unites African tax administrations for mutually beneficial discussions and capacity-building initiatives. ATAF strives to advance efficient and effective tax systems that contribute to the sustainable development of African nations.
