In 2017, footballer Ousmane Dembélé transferred 200,000 euros to his mother, Fatimata Dembélé, for her fortieth birthday. The French tax authorities consider this transfer not as a gift, but as taxable income, on the grounds that the beneficiary was then working for a company managing the player’s image. The transfer, made six months after the…...
Trending
- Tony Elumelu: African Entrepreneurs Need Capital, Not Charity
- Shelter Afrique raises 60 billion CFA francs on the WAEMU market to finance affordable housing
- Lighthouse Capital aims to raise $50 million for mid-sized African businesses
- FAGACE: Bloomfield confirms financial strength with long-term A+ rating
- UMOA Securities Market: Ivory Coast signs the first 20-year issuance in history
- Banks: 8.5% Increase in Saham Bank’s Consolidated Net Banking Income in the first half of 2026
- Banks: 8.5% increase in Saham Bank’s consolidated net banking income in the first half of 2026
- SUNU Assurances IARD Senegal: Albert Sagna appointed as General Manager
Tax: What if Ousmane Dembélé had transferred the 200,000 euros to his mother in an African account?
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com