Pretoria - Tax and prosecution bodies must build the capacity to curb illicit activities that rob countries of tax revenues, said Finance Minister Pravin Gordhan on Thursday, speaking at the High Level Conference on Illicit Financial Flows at the University of Pretoria.
Illicit money leaving Africa reduces the amount of resources available to the continent for development, he explained. The problem with tax avoidance is that while it is not explicitly classified as illegal, the consequences are still damaging to economies.
Gordhan's solutions to tax evasion
