The article details Rwanda's efforts to tackle the problem of tax avoidance among some multinational corporations are part of a well understood malady affecting the region and Africa at large. Illicit Financial Flows (IFFs) generally involve hiding wealth from a country's tax authorities, and may involve the transfer of money earned through illegal activities such as corruption, as well as transactions involving contraband goods and criminal activities. It is for this reason it should be of interest see what turns up from the audit Rwanda has just commissioned to look into recent merger and acquisition deals involving some foreign companies in the country.
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