Webinar: TP risks of structuring investments through Africa

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

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

Grant Thornton’s Austria tax head likens his practice to an escape room, shares his football coaching ambitions, and explains why tax is cool
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards
The fates of pillars one and two hang in the balance after the US successfully threw its weight around in G7 and Canadian negotiations
Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’
It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
New French legislation should create a more consistent legal environment for taxing gains from management packages, say Bruno Knadjian and Sylvain Piémont of Herbert Smith Freehills Kramer
The South Africa vs SC ruling may embolden the tax authority to take a more aggressive approach to TP assessments, an adviser tells ITR
Indirect tax professionals now rate compliance as a bigger obstacle than technology and automation; in other news, Italy approved a VAT cut on art sales
Gift this article