Are e-money taxes an effective solution for African nations seeking to expand their fiscal reach?OBGplus
– Digital transactions expanded rapidly in sub-Saharan Africa due to Covid-19 – Governments have sought to tax e-money to make up for fiscal shortfalls – Levies on digital transactions have been met with criticism and protests – Such levies could hinder the growth of e-commerce and financial inclusion A number of sub-Saharan African countries have sought to introduce taxes on electronic…