How Not to Report Telco Tax Compliance
A vibrant and free press is vital to holding public bodies accountable for their failures. Tanzania’s press prefers to blame telcos for every failure by every government function.
A vibrant and free press is vital to holding public bodies accountable for their failures. Tanzania’s press prefers to blame telcos for every failure by every government function.
Vodacom finds itself being squeezed for money by another African government, this time in the Democratic Republic of Congo (DRC).
President Museveni said the 1 percent tax on mobile money withdrawals was a known ‘error’, but approved that law anyway. Now his government has cut the tax to 0.5 percent.
Zimbabwe has raised taxes on mobile money and electronic transactions. There are better ways to stimulate a developing economy.
Kenyan President Uhuru Kenyatta wants a 67 percent increase of taxes on mobile money transactions.
Telcos will face additional pricing headaches as the Ugandan government imposes a tax on social media users of 200 shillings (roughly 5 US cents) per day.
African governments should be reducing the burden on their people by using mobile money to efficiently collect tax, instead of increasing their burden by taxing mobile money transactions.
The UK’s new Corporate Offences of Failure to Prevent Facilitation of Tax Evasion (COFPFTE) Act may trip up British telcos when calls are unlawfully terminated overseas.
The Indian government will backbill licence and spectrum fees from ten years ago. This delay is not consistent with their claim that RA is a ‘top priority’.
Some suppliers of RA services influence debate about taxes and trade by making unjustified promises to ordinary Africans.