The ECOWAS Director (Trade, Customs Union),
Tiemtore Salifou, stated this in Abuja at the opening session of the first
major stakeholders meeting of the Support Programme for Tax Transition in West
Africa.
He said, “We must share experiences and
move towards moving tax revenue and ensure that international tax standards are
implemented.
“The management of Value Added Tax
expenditure and tax reforms in Nigeria and Liberia will be discussed here and
we will discuss how to manage expenditure under a tax regime.”
The Director of Fiscal Affairs and Public
Finance at WAEMU, Habbas Traoure, said the workshop would help the regions
fight domestic tax evasion and drive revenue mobilisation and fight illicit tax
flows.
He said, “This will help us develop capacity
to do well in this area of tax evasion. We have had study on VAT and the ECOWAS
commission is proud of the result achieved so far and this seminar is a prove
to show that we are on the right track.”
He added that the meeting would help review
what had been done and help the actors to brainstorm on the measures to be put
in place to address issues affecting taxation in the region.
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