Institutional architecture for addressing trade mis-invoicing

This chapter assesses the readiness of national, regional and international institutions in Africa to combat trade-based illicit financial flows (IFFs), particularly trade mis-invoicing. Trade mis-invoicing is a form of tax evasion (covered broadly in chapter 2) that moves money illicitly across borders by falsifying the stated price, volume or value of imports or exports on invoices or customs declarations submitted by importers and exporters, respectively, to customs agencies and port authorities. IFFs, including trade mis-invoicing, harm the governance of African economies.

Sustainable Development Goals:

Reduced Inequalities

Peace, Justice and Strong Institutions

Partnerships for the Goals