Read on Twitter
.@ATAFtax launches 2018 African Tax Outlook. #ATAFNexus2018
Average #tax to GDP ratio for #Africa was 16.2% in 2016 compared to the 34.3% @OECD average and 22.8% in Latin America.
#VAT was the highest contributor to #tax revenue in all countries. Personal income tax came second (lower in ECOWAS at 13% compared to 23% in SADC and EAC).
Customs revenues tend to be a major cause of significant fluctuations in GDP ratios.
#VAT to GDP ratio was 6.% for #African countries which is comparable to the @OECD average at 6.8%. Ratios highest in Senegal, Seychelles, and South Africa.
#African countries that experienced a personal income tax to GDP ratio of above 5% were applying a tax rate of 10%. All other countries were less than 5%.
Only 11 countries out of 26 submitted tax expenditure statistics. #ATAFNexus2018
#African countries spent 126% of import duty revenue on import duty expenditures.
Ratio of tax administration staff to auditor was 20 to one in the #African region.
#African tax administration employees collected $3.96 million per person.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
