All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

African officials deal with transfer pricing

The African Tax Administration Forum’s (ATAF) first general assembly in Mauritius next week will focus on illicit financial flows, tax evasion and tax avoidance.

ataf150.jpg

The organisation will also report on its progress with the transfer pricing workshops it has set up to help revenue authorities acquire the skills needed to regulate fund transfers in multinational companies.

“We are tabling an annual report that will reflect over 300 African tax officials having received skills training through ATAF’s 16 technical training programmes,” said Logan Wort, ATAF’s acting executive secretary. “Working groups on transfer pricing and tax treaties are progressing very well and engagements on the challenges of domestic resource mobilisation have been very fruitful.”

Pravind Kumar Jugnauth, the deputy prime minister of Mauritius, will open the meeting, at which the ATAF chairman, Oupa Magashula, the South African Revenue Service (SARS) commissioner, will officiate.

Speakers will include Ben Kagarama, commissioner general of the Rwanda Revenue Authority, Ifueko Omoigui of the Nigerian revenue agency, Michael Waweru, the commissioner general of the Kenyan Revenue Authority and a number of university professors.

The meeting will consider audit processes and compliance strategies. The assembly will also discuss the distinctions between tax havens and genuine attempts to offer tax incentives for attracting foreign investment to stimulate economic national development. A panel from the business sector will also participate.

Magashula said he is satisfied with the progress made by ATAF, which was only formed in 2009: “African Revenue bodies have responded very well to the formation of ATAF. Over the past year the organisation has grown to 34 member countries from the continent. The opportunity for heads of tax administration to engage on common challenges of domestic revenue collection and the building of capable institutions has been very valuable.”

more across site & bottom lb ros

More from across our site

This week Brazil’s former President Luiz Inacio Lula da Silva came out in support of uniting Brazil’s consumption taxes into one VAT regime, while the US Senate approved a corporate minimum tax rate.
The Dutch TP decree marks a turn in the Netherlands as the country aligns its tax policies with OECD standards over claims it is a tax haven.
Gorka Echevarria talks to reporter Siqalane Taho about how inflation, e-invoicing and technology are affecting the laser printing firm in a post-COVID world.
Tax directors have called on companies to better secure their data as they generate ever-increasing amounts of information due to greater government scrutiny.
Incoming amendments to the treaty could increase costs on non-resident Indian service providers.
Experts say the proposed minimum tax does not align with the OECD’s pillar two regime and risks other countries pulling out.
The Malawian government has targeted US gemstone miner Columbia Gem House, while Amgen has successfully consolidated two separate tax disputes with the Internal Revenue Service.
ITR's latest quarterly PDF is now live, leading on the rise of tax technology.
ITR is delighted to reveal all the shortlisted firms, teams, and practitioners for the 2022 Americas Tax Awards – winners to be announced on September 22
‘Care’ is the operative word as HMRC seeks to clamp down on transfer pricing breaches next year.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree