Webinar: TP risks of structuring investments through Africa

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Webinar: TP risks of structuring investments through Africa

risk 320 x 215

An increasing number of tax authorities in Africa are being equipped with tools to deal with transfer pricing issues, but who is helping the multinationals?

Recent studies show that the African continent is attracting a growing amount of investments from foreign multinational enterprises, but this positive development also increases the number of challenges for businesses and governments.

The economic boom in the African continent is occurring during an epoch of changes in the international taxation landscape, triggered by the outcome of the BEPS Project. Within this context, transfer pricing legislations plays an important role, but African tax administrations have identified transfer pricing as one of the most significant risks to their tax base.

During a four-day workshop in March 2017, the African Minerals Development Centre (AMDC), together with the Minerals and Energy for Development Alliance and the World Bank, delivered the first of two regional workshops on transfer pricing in Africa’s mineral sector.

Charles Akong of the AMDC noted that “transfer mispricing represents one of the key issues which contribute to African countries missing out on the full benefits of their minerals”. Ensuring that transactions between multinational mining companies and their affiliates are conducted as independent entities through applying the arm’s length principle remains a key challenge facing tax administration authorities across the continent.

On the other hand, there are several transfer pricing risks that MNEs should consider when structuring investments into selected countries across the continent.

BonelliErede is partnering with International Tax Review to present a webinar on the main transfer pricing issues to consider when structuring investments into Egypt and Ethiopia. Experts will discuss the legal framework and transfer pricing rules in these countries, the applicable transfer pricing methods and international standards and the available tools available to MNEs to manage their transfer pricing risks.

The discussion, moderated by Anjana Haines, editor of International Tax Review and led by Stefano Simontacchi, managing partner at BonelliErede in Milan, will be broadcast live at 3.00 pm GMT on Wednesday April 19 2017.

Register for the webinar here: https://www.brighttalk.com/webcast/720/251421.

more across site & shared bottom lb ros

More from across our site

Countries which care about fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
The plan aims to improve the efficiency, transparency, and effectiveness of direct tax administration in India
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency
Historically low levels of attrition over consecutive years made a ‘difficult decision’ necessary, PwC has reportedly said
WTS Global is also vetting new potential member firms in Algeria, Cote D’Ivoire and Benin, Kelly Mgbor tells ITR in an exclusive interview
The scope of qualifying pillar two tax credits could reportedly be broadened; in other news, hundreds of IRS appeals staff are to resign
For many taxpayers, the prospect of long-term certainty that a bilateral APA offers can override concerns about time, cost and confidentiality
Levine, who served under the Joe Biden administration, led the US’s negotiations on the OECD’s two-pillar solution
Gift this article