African governments let too many taxpayers off the hook
The range of tax breaks can be bewildering
TAX collection in Africa resembles an exasperating fishing expedition, in which the big fish wriggle into tax havens and the tiddlers hide in the informal sector. It is made even harder by a self-inflicted problem. Governments give out a range of exemptions, thereby poking holes in their own nets.
This article appeared in the Finance & economics section of the print edition under the headline “Slipping through the net”
Finance & economics August 18th 2018
- Turkey’s crisis is not fundamentally contagious
- The contrarian case for emerging markets
- Australia’s lauded private-pension system is under scrutiny
- Litigation finance offers investors attractive yields
- Life-insurance policies with perks make it to America
- New software helps uncover Mafia crime masked as ordinary business
- African governments let too many taxpayers off the hook
- How to design carbon taxes
From the August 18th 2018 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
Can anything spark Europe’s economy back to life?
Mario Draghi, the continent’s unofficial chief technocrat, has a plan
Has social media broken the stockmarket?
That is the contention of Cliff Asness, one of the great quant investors
American office delinquencies are shooting up
How worried should investors be?
China is suffering from a crisis of confidence
Can anything perk up its economy?
America has a huge deficit. Which candidate would make it worse?
Enough policies have been proposed to make a call
Why Oasis fans should welcome price-gouging
There are worse things in life than paying a fair price