Tag: Kenya

Africa needs disruptive tax policy to tax digital businesses

Africa needs disruptive tax policy to tax digital businesses

Finance
Panelists of the 7th Pan African Conference on tax and Illicit financial flows, stress that Africa needs disruptive tax policies that respond to the positively disruptive digital businesses such as ubber. “Though digital economy is disruptive and has many benefits, which Africa can’t hide from, the countries in the continent need to redefine their tax policies and practices in order to tax the multinational digital businesses,” says Logan Wort, Executive Secretary of African Tax Administration Forum. (adsbygoogle = window.adsbygoogle || []).push({}); He argues that African countries need to have disruptive tax policies that respond to the disruptive technologies and businesses i order to stop the companies from tax evasion ad tax avoidance. The multinational digital bu