Wednesday 8 February 2012

Taxed Enough Already (ok, but mobiles really are)

My article on the mobile phone tax puzzle. While mobiles are a clear success story in developing regions, contributing $71bn in tax revenue between 2000 and 2012 in Africa, its deepening penetration has been driven largely by increasingly competitive product markets in handsets, a process that is levelling out. Millions still can't afford this fantastically versatile technology, and some of those that can are forfeiting basic expenditures to do so. In the coming years, the share of the costs of owning a mobile going to taxation will need to come down. Says me. And some others.