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Tax Aspects of an Investment in Africa

Claus Jochimsen ()

Chapter Chapter 23 in Practical Handbook Business in Africa, 2023, pp 273-277 from Springer

Abstract: Abstract With the exception of South Africa, where there has been an established tax law for two decades, the individual countries of Africa do not have a consistent tax law. Despite the establishment of the African Tax Administration Forums, which currently has 38 member states, an investor will thus encounter many practical difficulties in applying tax law. The differences in income taxation not only depend on the type of investment chosen (direct investment or use of a local company), but also on the country in which the investment is to be made. A precise calculation of the burden and consideration of the adversities is therefore strongly recommended before entering into an investment.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-42518-0_23

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DOI: 10.1007/978-3-658-42518-0_23

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