The taxation of the wealthy is a key challenge for tax professionals and policymakers worldwide, including in Africa.
High-net-worth individuals (HNWIs) pose a challenge, as governments face rising debt, climate change mitigation costs, and cuts to foreign aid.
Increasing domestic revenues while ensuring fairness and credibility in tax systems is a priority, with a focus on the wealthiest citizens, whose numbers are growing in Africa.
A focus on the wealthiest citizens, whose numbers are growing in Africa, has become both an economic and political priority.
African tax leaders met in Uganda to discuss effective taxation of the wealthy, aiming to shape future priorities.
Author's summary: African tax leaders discuss taxation of the wealthy.