Taxing wealth in lower income countries: lessons learnt and priorities for action
In the face of declining aid volumes and mounting debt and climate crises, low-income countries are under increasing pressure to raise more domestic revenue. With these countries already experiencing higher levels of wealth and income inequality than high-income nations, there is a compelling case for targeting tax mobilisation efforts at wealthy individuals, who often contribute proportionally less than the average citizen.
Such an approach would be not only equitable but also efficient, as taxes that primarily affect the wealthy are often those with the greatest revenue shortfalls. While increasing tax contributions from high-net-worth individuals is frequently complex, growing evidence points to promising strategies and general popular support.
By presenting research recently conducted and supported by ICTD, the Lahore University of Management Sciences, African Tax Administration Forum (ATAF) and Tax Justice Network Africa (TJNA), this webinar will examine how to identify the most pressing legal, administrative, and political barriers, what revenue authorities can do to begin overcoming them, and how to increase popular support for these reforms.
Speakers
- Umair Javed, LUMS
- Giovanni Occhiali, ICTD
- Vanessa van den Boogaard, ICTD
- Ronald Waiswa, ATAF
- Ishmael Zulu, TJNA
Moderated by Giulia Mascagni, ICTD
Related research
- Taxing the Wealthy in Lower-Income Countries: Why It’s Important, and How to Do It (Policy Briefing)
- Taxing high-net-worth individuals in Nigeria: Challenges and opportunities for policy-makers from a preliminary investigation (Journal article)
- How to improve tax compliance by wealthy individuals? Evidence from Uganda (Journal article)