African revenue administrators meet over tax talks in Mauritius
Mauritius is hosting a four-day, pan African tax seminar to thresh out “information exchange” issues, which is likely to witness participation from around 30 revenue administration officials across sub-Saharan Africa. (Image: Government of Mauritius)
Mauritius is hosting a four-day seminar on exchange of information to improve the strategy-making process, enhance tax compliance management and facilitate trade. The seminar is likely to witness participation from around 30 revenue administration officials across sub-Saharan Africa.
The event is taking place at Le Méridien Hotel, Pointe-au-Piments and has been organised by IMF’s AFRITAC South in collaboration with the Mauritius Revenue Authority (MRA) and the South African Revenue Service (SARS).
Vasdev Hassamal, MRA Chairperson, noted that exchange of information has always been a key concern for tax administrators. He added that now, however, political leaders worldwide are showing keen interest in exchanging tax information as a means to raise tax revenue in the face of the global economic recession.
Hassamal also said the fight against tax evasion is not the sole responsibility of tax authorities but, being a universal concern, the fight against tax offenders can only be won if everyone cooperates in the establishment of an effective mechanism for sharing and exchanging information.
He added that with globalisation, revenue agencies were now being called to operate “without borders” and that exchange of information between tax agencies is a pre-requisite for them to operate optimally.
Hassamal expressed the belief that if properly managed and administered, exchange of information can benefit both the tax authority and the taxpayers.
Source: PANA press