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1. Sierra Leone has a relatively low tax-to-GDP ratio of 11% compared to the African average of 16% and OECD average of 34.1%, undermining its ability to fund social services. Improving tax compliance is important for increasing domestic revenue. 2. Tax compliance refers to adhering to tax payment obligations specified by law, such as paying taxes on time and accurately reporting income. Non-compliance reduces government resources and can harm the economy. Developing countries tend to face greater non-com

Author

Hakeem Micheal

Language

EN