Sub-Saharan African countries could increase tax revenue by an average of 5 percent of gross domestic product — much more than what they receive in international aid — if they reform their tax policies, the International Monetary Fund said.
The International Monetary Fund warned policymakers to be on guard for the next recession even as it predicted global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest.
Like what you see? Make sure you're getting it all
Tax Pro Today is the leading information resource for tax preparers and tax professionals – serving the community of practitioners who provide tax preparation, planning and consulting services to individuals and small businesses.