Revenue administrations across the globe routinely collect large amounts of data from taxpayers, both individuals and companies, in order to assess and raise tax revenue.
The literature on tax compliance has recently seen a surge of evidence from field experiments.
Foreign aid is often exempt from taxation in recipient countries. Research on the topic is sparse and debate infrequent, and the system has become entrenched over 70 years.
The report covers the definitions of Illicit Financial Flows (IFFs), the scale of the problem, different components of IFFs in Africa, the drivers and enablers of IFFs in Africa, the scale of IFFs, the estimated losses from IFFs in developing countries, trade mis invoicing in developing countries and lastly, the measures to curtail IFFs.