If a snake keeps coming back to your house, do you have to tell the buyer?
OVER THE past several years, many African tax authorities have deepened their technical capacity – and, thanks to information-sharing and technology advances, now have unprecedented access to taxpayer information.
Against a backdrop of global uncertainty and regional economic pressures, this year’s annual report on transfer pricing in Africa suggests that multinationals should expect elevated scrutiny, more assertive enforcement, and greater emphasis on data quality across the continent.
While it highlights several TP-specific developments, its broader conclusions point to structural shifts in how African economies approach revenue collection, risk management and business regulation.
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