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EAC turns to IMF for tax harmonisation advice

Published on October 06, 2015

The East African Community Secretariat has asked the International Monetary Fund for advice on how to harmonise its taxation policies as part of the ongoing regional integration programme.

East African countries are seeking to harmonise their tax procedures in line with the EAC Treaty and the Common Market Protocol in order to boost investments and ensure free movement of goods, capital and labour in the region.

So far, only Customs duties have been harmonised by setting a common external tariff (CET) in respect of imports into Kenya, Uganda, Tanzania, Rwanda and Burundi. Read more. Source | The East African