IACA Partners up with the Vienna University of Economics and Business for a Workshop on Inter-Agency Cooperation

IACA Partners up with the Vienna University of Economics and Business for a Workshop on Inter-Agency Cooperation

A workshop on inter-agency cooperation and good governance in Africa started at IACA today, focusing on issues of combatting illicit financial activities, particularly tax evasion and money laundering. Forty seasoned professionals from more than a dozen countries are taking part.

The three-day workshop is organized by the Institute for Austrian and International Tax Law at the Vienna University of Economics and Business (WU), in partnership with the African Tax Institute (ATI) and the University of Pretoria’s Faculty of Economics and Management Sciences. It is co-sponsored by IACA.

This morning started off with discussions on the impact of illicit financial flows on African economies and revenue bases, and the key ingredients to building a sound legal and institutional framework to boost economic growth and reduce poverty.

“Tax evasion and money laundering are major bottlenecks to sustainable development, and we must join forces in rooting out corrupt practices if we are to come anywhere close to achieving the Sustainable Development Goals”, Martin Kreutner, Dean and Executive Secretary of IACA, said in his address to the participants.

Jeffrey Owens, Director of the WU Global Tax Policy Centre noted that "all forms of illicit flows undermine the ability of developing countries to achieve a self-financing, sustainable development path. To counter such activities, we need better cooperation between all the different paths of government that are mandated to counter illicit flows. This meeting was intended to facilitate such cooperation." 

The training continues with breakout sessions and case studies this afternoon, before moving to topics on money tracing, tax investigation and administration tomorrow. On Wednesday, participants will present their overall recommendations on how to build up the capacity of government agencies to fight illicit financial flows effectively.

This workshop is part of a large-scale WU project on tax, good governance, and illicit financial flows. More information is available on the website of the WU’s Institute for Austrian and International Tax Law.

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International Anti-Corruption Academy

Laxenburg/Vienna, Austria  |  T: +43 2236 710 718 101

© 2024 IACA. Developed by IACA.

Laxenburg/Vienna, Austria  |  T: +43 2236 710 718 101

© 2023 IACA. Developed by IACA.