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Regional Public Private Dialogue : Harmonisation of Domestic Taxes in the East African Community

November 11-12, 2011
Bank of Tanzania conference hall, Dar Es Salam, Tanzania

Organised by East African Business Council and the East African Community Secretariat ; in collaboration with the TradeMark East Africa and the International Financial Corporation as part of the Network of Reformers.

In 2010 the East African Community (EAC) integration process entered a critical stage of a fully fledged Customs Union characterised by elimination of internal tariffs and uniform application of the Common External Tariff (CET).

Between 2005 and 2007, revenues from import duties increased by more than 50% and intraregional trade more than doubled during the same period. This allayed fears that harmonization of import duties to a Common External Tariff would have a negative impact on trade and lead to loss of revenue.

While import duties have been eliminated in trade between the Partner States, domestic trade taxes still hamper the realization of the full benefits of trade and economic integration and must be harmonised through a process of negotiation.

Contact information : EABC spokesperson Ms Lilian Awinja

source : EABC

Publié le 24 octobre 2011