Transfer Pricing in Mining – An African Perspective

A briefing note Transfer pricing in mining: An African Perspective, has been published by IM4DC, the World Bank (WBG) and the Centre for Exploration Targeting (CET) at The University of Western Australia.

The report highlights the objectives, methodology and current progress of a study on transfer pricing with specific focus on mining in Africa.

The study was commissioned in early 2014 by the WBG and IM4DC, with the research being co-ordinated and technically led by CET.

Reviews commissioned by the WBG of the mining taxation policy and administrative procedures of a number of mineral-rich African countries have identified a strong need for a study focusing specifically on the administration of transfer pricing in the African mining sector.

The results of this transfer pricing study, to be published in a source book jointly by the WBG, IM4DC and CET in 2015, will complement the economy-wide work being undertaken on transfer pricing by the WBG and others such as the G20, OECD and the United Nations. In particular, the source book will provide practical guidance on transfer pricing in the sector to tax practitioners in mineral-rich developing countries in Africa and elsewhere.

The briefing note is available here