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Managing VAT in Africa - a mining perspective

On the African continent, the majority of Africa's 54 countries have introduced Value-added-tax (VAT) systems that are commonly used not just to address the fiscal deficit, but to attribute to the governance of companies. However, the multiplicity of VAT systems across Africa tend to expose multinational companies to tax risks through errors and inconsistencies in the application of the law with the compliance burden tending to be high for organisations.

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