Products

Transfer Pricing In The Mining Sector

Transfer Pricing in the Mining Sector

Transfer Pricing in the Mining Sector: Preventing Loss of Income Tax Revenue principle, and recommends that tax authorities ensure that companies use the method that is the most appropriate to each transaction with an affiliated party, given available data. Some of the five methods are based on comparing similar transactions between

More

Transfer Pricing in the Mining Industry TPguidelines

Oct 25, 2018· Like other sectors of the economy, there are base erosion and profit shifting risks in the mining sector. Based on the ongoing work on BEPS, the IGF (Intergovernmental Forum on Mining) and OECD has released guidance for source countries on transfer pricing in the mining sector.

More

Transfer Pricing in the Mining Industry TPcases

Oct 25, 2018· Like other sectors of the economy, there are base erosion and profit shifting risks in the mining sector. Based on the ongoing work on BEPS, the IGF (Intergovernmental Forum on Mining) and OECD has released guidance for source countries on transfer pricing in the mining sector.

More

Assessing Transfer Pricing Risk in the Mining Industry

This article focuses on the transfer pricing issues currently faced by mining companies, and assesses the risks arising in this industry due to the BEPS Project. Current court cases The international taxation of mining companies has moved into the spotlight in recent years as several material disputes have surfaced in the industry.

More

Training Program on Transfer Pricing in the mining sector

Training Program on Transfer Pricing in the mining sector The mining sector is a major source of income for many countries in Latin America and the Caribbean. An efficient management of the income generated by this activity can generate the resources needed to address the responsibilities of States.

More

Transfer Pricing in Mining with a Focus on Africa : A

Part A (The mining industry and transfer pricing) identifies what are the most common transfer pricing issues in mining in general and where they are likely to occur along the mining value chain. Part B (The mining industry in Africa and transfer pricing) considers the same issues specifically in the context of the main commodities currently

More

Transfer Pricing in Mining: an African Perspective

implementation and application of transfer pricing legislation, and to fill some of the expertise gaps by focusing specifically on transfer pricing risks in the mining sector, with a specific focus on Africa. For this study, key transfer pricing risks are being mapped with the objective of formulating a practical framework for mineral-rich

More

Transfer Pricing in Mining with a Focus on Africa : A

Part A (The mining industry and transfer pricing) identifies what are the most common transfer pricing issues in mining in general and where they are likely to occur along the mining value chain. Part B (The mining industry in Africa and transfer pricing) considers the same issues specifically in the context of the main commodities currently

More

Transfer Pricing in Mining Workshop World Bank

Mar 08, 2017· Transfer pricing has emerged as a key area of capacity building for African governments. Responding to this and within the context of the African Mining Vision and the Report of the High Level Panel on Illicit Financial Flows from Africa (the Mbeki Report), the Africa Minerals Development Centre (AMDC) in partnership with the World Bank has commissioned the Mineral and

More

Base erosion and profit shifting Implications for the

6. Action 9 Transfer pricing, risk and capital 12 7. Action 10 Transfer pricing aspects of cross-border commodity transactions 14 8. Action 13 Transfer pricing documentation and 16 country-by-country reporting Appendix Major mining jurisdictions’ perspectives on BEPS implementation 18 Australia 19 Brazil 22 Canada 23 Chile 24

More

Transfer Pricing IGF Mining

Toolkit for Transfer Pricing Risk Assessment in the African Mining Industry Based on a tool kit written by IGF Lead on Tax and Extractives Alexandra Readhead, in collaboration with ATAF and GIZ, the IGF developed an intense training course to identify the risks and possible responses to transfer pricing in the mining sector.

More

Assessing Transfer Pricing Risk in the Mining Industry

This article focuses on the transfer pricing issues currently faced by mining companies, and assesses the risks arising in this industry due to the BEPS Project. Current court cases The international taxation of mining companies has moved into the spotlight in recent years as several material disputes have surfaced in the industry.

More

Transfer Pricing in Mining with a Focus on Africa : A

Part A (The mining industry and transfer pricing) identifies what are the most common transfer pricing issues in mining in general and where they are likely to occur along the mining value chain. Part B (The mining industry in Africa and transfer pricing) considers the same issues specifically in the context of the main commodities currently

More

Training Program on Transfer Pricing in the mining sector

Training Program on Transfer Pricing in the mining sector The mining sector is a major source of income for many countries in Latin America and the Caribbean. An efficient management of the income generated by this activity can generate the resources needed to address the responsibilities of States.

More

What Mining Can Learn from Oil: A Study of Special

However, transfer pricing can become abusive when the related parties distort the price of a transaction outside an arm’s length value to make higher profits in lower-taxed jurisdictions and lower profits in higher-taxed ones, as a means of reducing the MNE’s overall tax bill. There are two main transfer pricing risks in the mining sector

More

Transfer Pricing in Mining Workshop World Bank

Mar 08, 2017· Transfer pricing has emerged as a key area of capacity building for African governments. Responding to this and within the context of the African Mining Vision and the Report of the High Level Panel on Illicit Financial Flows from Africa (the Mbeki Report), the Africa Minerals Development Centre (AMDC) in partnership with the World Bank has commissioned the Mineral and

More

Transfer Pricing in Mining with a Focus on Africa : A

Part A (The mining industry and transfer pricing) identifies what are the most common transfer pricing issues in mining in general and where they are likely to occur along the mining value chain. Part B (The mining industry in Africa and transfer pricing) considers the same issues specifically in the context of the main commodities currently

More

Transfer Pricing Update: ATO s views on transfer pricing

These new transfer pricing provisions do this by requiring taxpayers to conduct an analysis to self-assess the hubs (using the mining industry as the backdrop to the example), transfers of intangibles and loss making companies. Whilst some of these examples are outlined

More

Base erosion and profit shifting Implications for the

6. Action 9 Transfer pricing, risk and capital 12 7. Action 10 Transfer pricing aspects of cross-border commodity transactions 14 8. Action 13 Transfer pricing documentation and 16 country-by-country reporting Appendix Major mining jurisdictions’ perspectives on BEPS implementation 18 Australia 19 Brazil 22 Canada 23 Chile 24

More

Tax Solutions for Mining Taxation Services Deloitte

Transfer Pricing Challenges mining companies face. The mining industry poses some very specific challenges from a transfer pricing point of view. South African mining groups are often involved at more than one level in the supply chain. For example, the group may both mine and beneficiate the

More

Toolkit for Transfer Pricing Risk Assessment in the

transfer pricing compliance in the mining sector. For guidance on how to adjust foreign comparable data for country and taxpayer conditions and risks, tax authorities should refer to a toolkit for Addressing Difficulties in Accessing Comparables Data for Transfer Pricing Analyses published by the Platform for Tax Collaboration in June 2017. 3

More

Transfer Pricing and Mining: Risk assessment training in

Aug 29, 2018· Transfer Pricing and Mining: Risk assessment training in Tanzania August 29, 2018 News. training aims to build the capacity of government officials in developing countries to identify and address transfer pricing risks within their mining sector and protect the mining tax base from abusive transfer pricing.

More

Transfer Pricing in the Extractive Sector in Tanzania

Presenting the results of the qualitative study on the challenges to implementation of transfer pricing rules in the extractive sector done in Ghana, Tanzania, Guinea, Zambia, and Sierra Leone, Scurfield explained that 75 interviews with government officials, companies, civil societies (CSOs) and non-governmental organizations (NGOs) were

More

The impact of BEPS on the global mining industry Tax

BEPS Actions 8, 9 and 10 represent the work on the transfer pricing of intangibles, risk and capital, and other high risk transactions respectively, with Action 10 focussing specifically on the transfer pricing aspects of cross-border commodity transactions. “With the global mining sector as a whole coming to terms with reduced commodity

More