Tax, Good Governance and the Problem of Illicit Financial Flows Majdanska, A. Illicit Wealth, Corruption, Tax Evasion This overview paper explains the purpose of the project, its objectives, and its timeline. The first part of the paper describes what is meant by illicit financial flows, their scale and effect, and the role of good governance in promoting transparency and inclusive tax cooperation. This is supplemented with an overview of existing initiatives addressing the problem of illicit financial flows. The rest of the paper describes the proposed approach of the expected outcomes of planned activities. Austria WU Global Tax Policy Centre 2016 2016 Text 26p. iffoadatabase.trustafrica.org/iff/Overview_paper_Tax_and_Good_Governance_in_Africa.pdf