Member countries of the East African Community announced on Nov. 11 they will set a common strategy for digital economy taxation. This decision made during the 48th meeting of the countries’ tax authorities seeks to safeguard the interest of all.
In the final communiqué issued at the end of the meeting, the tax authorities said they agreed to develop a common strategy “to deal with the taxation of the digital economy by addressing the problems linked to the legal framework, in terms of definitions, identification of actors and legal mechanisms.”
Through this united vision, the ECA members want to put pressure on the global tech giants that are making profits in their various markets. Forced to deal with all, these companies will not have the opportunity to take advantage of the weaknesses and other grey areas of the different tax systems.
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Orange Côte d’Ivoire, with Eutelsat, introduced satellite internet to reach rural and underserve...
Rice consumption surges in Côte d’Ivoire, driven by urbanization and dietary shifts Domestic output rises but fails to meet nearly 3 million-ton...
Panoro plans three-well initial development pending investment approval Project builds on active Dussafu Marin block, producing about 30,500 bpd The...
Egypt repays about $5 billion in foreign oil and gas arrears Government aims to cut remaining arrears to $1.2 billion by 2026 Payments...
Africa CDC has ended mpox’s continental emergency status, moving toward a longer-term, country-led response. Ethiopia is nearing the threshold for...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...