In a new report on the inequities and injustices of mining taxation regimes in Africa, a group of African and international NGOs has called for two major changes. First, that the process of creating tax regimes and mechanisms of tax payment become transparent. Second, that the rules themselves be reformed.
Says the group: “In some countries this would require an increase in the rates of royalties and other taxes; in others this would require a stop to the practice of negotiating tax breaks for individual companies in secret contracts.”