African Tax Agencies Chase Collections In Digital Economy
Monday, March 11, 2019
Revenue agencies are a step behind players in the digital economy
The digital economy comprises commercial entities that operate in cyberspace, unimpeded by national borders, such as major social media giants including Facebook, Google and Twitter as well as entities such as Uber.
Some Bernadette, a representative from the Burkina Faso Revenue Service made the encouragement at the just ended Media Engagement and Training Seminar organised by the African Tax Administration Forum (ATAF). The seminar attracted 60 journalists from over 38 African countries. Revenue authorities from across Africa were also part of the three-day event held here recently.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...