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Tax Competition in East Africa: A Race to the Bottom

Published by : Tax Justice Network-Africa & ActionAid International (Kenya and South Africa) Physical details: 46p.
Subject(s): Taxation
Year: 2012
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This study focuses on Kenya, Uganda, Tanzania and Rwanda, shows how tax incentives are leading to very large revenue losses for governments, are promoting harmful tax competition in the region, and are not needed to attract FDI.This is despite the governments in East Africa providing a wide range of tax incentives to businesses to attract greater levels of foreign direct investment (FDI) into their countries. In total, Kenya, Uganda, Tanzania and Rwanda are losing up to US$2.8 billion a year from all tax incentives and exemptions.

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