Taxation of Housing in Africa

The Centre for Affordable Housing Finance (AUHF) in Africa has commissioned a paper on the impact of tax policy on affordable housing in Africa.

The paper will be deliberated at the 33rd AUHF Conference and Annual General Meeting, to be held in Kampala, Uganda, from 17-19 October 2017, with a view to establishing a position for lobbying by members and the AUHF, in their respective countries and across the continent.

Broadly, the paper will provide an overview of taxation frameworks relevant to residential real estate.

‘We are thinking about all forms of taxation: property tax, sales tax, income tax, corporate tax, import duty, estate duties, etc.  Specifically, we wish to understand the impact of current taxation arrangements on affordable housing – its delivery, its trade, and financing, the investment it is able to attract, and ultimately, its cost.  We are interested in both housing for sale (new and resale) and rental, etc.’

Hot this week

emPLE, Ecobank Reward Families, Promotes Financial Literacy with ‘Protecting Little Dreams’ Initiative

emPLE Nigeria, in partnership with Ecobank Nigeria, has reinforced...

IPMAN Kicks Against Issuing Licences for Petroleum Products Import

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has...

Stanbic IBTC Empowers MSMEs with Business Growth Insights at Nigeria Business Summit Regional Tour in Ibadan

Micro, Small, and Medium Enterprises (MSMEs) across Oyo State...

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Topics

NCRIB, NIA Intensify Co-operation for Insurance Market Growth

President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mr....

The China-US Economic Scramble for Africa

The Opening PR Pitch “I want Africans buying more American...

Nigeria to Sell N20bn of Green Bonds in 1st Half of 2017

Nigeria plans to sell N20 billion ($63 million) of...

Repton GMD Underlines Diligence, Determination in Goal Realisation

L-R: Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO Repton Group, Keynote...

Africa Finance Corp Secures $150m Loan from German Bank

In a statement published on June 22, Africa Finance...

ITU Unveils Guidelines to Help Countries Develop Telecom Plans

In the face of the global coronavirus crisis, as...

Technology Increasingly Shaping Africa’s Financial Sector

The African financial services industry is rapidly evolving as a result of advancing technology which is fueling innovation and growth in the sector. While the sector is mature in most developed countries, it is less saturated in Africa, therefore offering many opportunities for new market entrants to challenge the status quo of how business has traditionally been conducted.

PenCom: Commitment to Ethical Conduct, Business Practices

One of the major achievements of the Pension Reform...