2023-07-31 08:44:52
• Africa loses regarding US$50 billion a year
• The Burkinabè mining sector hard hit
• It is an evaluation of the system to counter financial flows
La tax evasion, offenses relating to customs tariffs, taxes, duties and revenues; market manipulation, profit shifting, etc. These illicit financial flows are the result of practices aimed at increasing the real profits of companies by avoiding taxation. The importance of this tax shortfall highlights the urgency of rethinking concepts and procedures.
This is why it seemed relevant for the Court of Auditors to question the operation of the systems for mobilizing duties and taxes from the extractive sector. It held a kick-off meeting for the performance audit of the mobilization of duties and taxes from the extractive activity of gold and other precious substances, on July 18, 2023, in Ouagadougou. By choosing to focus its audit on mining revenues, the Court of Auditors would like to question the consistency and robustness of the legal, institutional and organizational framework of the mobilization system, and its ability to counter illicit financial flows. This audit is the result of a community approach carried out in coordination with the sister institutions of the African Organization of Supreme Audit Institutions (AFROSAI). By signing a Memorandum of Understanding with the Auditor General of Kenya, Chairperson of the AFROSAI Institutional and Technical Capacity Building Commission, on April 24, 2023, in Nairobi, the Court of Auditors committed to conduct a cooperative regional audit on IFFs. The kick-off meeting is mainly an information meeting, the purpose of which is to present the audit project, its main objectives and criteria, and to once once more seek the support of all the actors to meet the challenge of its implementation. efficient and diligent. At the time of the assessment, the Court of Auditors, thanks to the recommendations to which it will lead, will contribute to establishing better financial governance in the mining sector of Burkina Faso.
Martin SAME
framed
Composition of the working group
9 representatives of the Court of Auditors; 1 representative of the General Directorate of Taxes; 1 representative of the General Directorate of Customs; 1 representative of the EITI; 1 representative of the coordination of civil society organizations; 1 representative of CENTIF; 1 representative of the BNAF; 1 representation of ANEMAS; 1 representative of ONASSIM; 1 representative of the Burkina Chamber of Mines (CMB); 1 representative of the Burkinabè Investment Agency (ABI); 1 representative of the miners’ umbrella and 1 resource person.
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