Building Africa’s transfer pricing technical expertise
In an increasingly globalised world most trade is carried out by multinational companies and a substantial part consists of transactions within group companies. African countries are very much part of the globalised economy and are increasingly opening their borders to international trade and investment. This is important for economic development but it is essential, also, that developing countries are able to collect tax on the profits that multinational enterprises earn in their countries and do so in a way that does not discourage or distort international trade and investment.