Illicit Financial Flows and Development Finance: Transfer Mispricing, Tax Evasion, and Corruption: The Role of Civil Society

Key Points

• The article aims to explore the impact of illicit financial flows on development finance in Tanzania, focusing on transfer mispricing, tax evasion, and corruption.
• Conducted a policy analysis of illicit financial flows in Tanzania.
• Reviewed existing literature on transfer mispricing, tax evasion, and corruption.
• Analyzed the role of civil society in addressing these financial issues.
• Identified key dynamics of illicit financial flows impacting development finance.
• Highlights the significant role of civil society in combating transfer mispricing and tax evasion.
• Concludes with practical recommendations for policy improvement in the African context.

Abstract