Pleased to help @stephrosemart and Boubacar Bocoum @WorldBank launch their Guide to Transfer Pricing in Mining in Africa @ChathamHouse https://openknowledge.worldbank.org/handle/10986/26036 …pic.twitter.com/OTEaKq8g76
Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk
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Pleased to help @stephrosemart and Boubacar Bocoum @WorldBank launch their Guide to Transfer Pricing in Mining in Africa @ChathamHouse https://openknowledge.worldbank.org/handle/10986/26036 …pic.twitter.com/OTEaKq8g76
The Guide is hefty and comprehensive. There is also a summary https://bit.ly/2Jm6dSe
The Guide gives an end-to-end account of case selection, risk assessment, audit and resolution with examples.
Two other resources: the Toolkit by @ali_readhead @ATAFtax @giz_gmbh which focuses on the risk assessment stage with step by step practical guidance https://www.ataftax.org/en/products-services/technical-assistance/transfer-pricing-tp …pic.twitter.com/4ERFfeQNFS
And the new UN Handbook on extractive industries taxation which goes beyond TP and looks at fiscal design https://www.google.co.uk/url?sa=t&source=web&rct=j&url=http://www.un.org/esa/ffd/wp-content/uploads/2018/05/Extractives-Handbook_2017.pdf&ved=2ahUKEwj9hPaUusPbAhVrBMAKHSXpDdwQFjAAegQICRAB&usg=AOvVaw1c9TDZveD4HWFnUoLijpI7 …pic.twitter.com/FSt4msbTiN
A lot of good guidance. Lots of technical assistance efforts eg by @ATAFtax @TIWB_News @OECDtax @DFID_UK @USAID. But it takes 10 years to get really good a transfer price auditing. And tax is political.
The amounts of revenue at stake are significant, but not as much as popularly imagined https://www.cgdev.org/blog/how-big-transfer-pricing-prize-development … So important that political expectations are aligned with practice
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