Rise in African tax revenues

Tax revenues in African countries are rising as a proportion of national incomes driven primarily by increases in corporate income taxes according to a new OECD report Revenue Statistics in Africa. See www.bit.ly/1owmNUe. 

The report covers eight African countries Cameroon Côte d’Ivoire Mauritius Morocco Rwanda Senegal South Africa and Tunisia which together account for almost a quarter of Africa’s total GDP. In 2014 tax to GDP ratios in these countries ranged from 16.1% to 31.3% against the OECD average of 34.4%. 

The shares of corporate income tax revenue to total tax revenues were significantly higher than the 8.5% OECD average. The highest share of taxes on incomes and profits in total tax revenues was in South Africa at 51.2% in 2014. Consumption taxes yielded the largest share of the total tax revenue – over 55%...