TJNA recognises the importance of addressing secrecy jurisdictions, tax havens, and financial secrecy in promoting fair and transparent tax systems across the African continent.
In a world where multinational corporations exploit legal loopholes and tax havens to evade their fair share of taxes, it is imperative to overhaul the current tax framework. According to the Tax Justice Network, tax evasion costs governments approximately $427 billion in lost revenue each year globally.
By enhancing tax transparency, TJNA aims to dismantle the structures that enable illicit financial flows, tax evasion, and corruption, thereby promoting economic development, social equity, and sustainable growth.
Through advocacy, research, and policy interventions, TJNA strives to advance legislative and regulatory measures that promote transparency, accountability, and international cooperation in combating tax evasion and illicit financial activities perpetrated through secrecy jurisdictions and tax havens.
TJNA’s efforts focus on fostering cross-border collaboration, strengthening information exchange mechanisms, and promoting the adoption of global standards for tax transparency to ensure that all jurisdictions adhere to fair and equitable tax practices.
