OECD TARGETS AFRICAN TAX AVOIDANCE AS DEVELOPMENT TOOL

BY GEORGE STONE, IN CAPE TOWN It is part of the accountancy profession's faith that good honest financial reporting and dealings can promote economic growth because of the commercial trust that it engenders. And maybe nowhere can the case be made more strongly than in Africa. Here, the Organisation for Economic Cooperation & Development's (OECD) launch of a Tax Inspectors Without Borders initiative is very relevant. Announced at a meeting of the OECD's Task Force on Tax and Development in Cape Town, South Africa, on May 9-10, the plan aims to help developing ...


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