Tax authorities back country-by-country reporting to prevent transfer pricing abuse
September 27, 2012
Salman Shaheen TPW
Four tax authorities spoke of the benefits of country-by-country reporting (CBCR) and greater transparency at International Tax Review’s Global Transfer Pricing Forum in Paris this week, but they said it would not be sufficient to prevent transfer pricing abuse on its own.
Developing countries have more to lose than anyone else when it comes to transfer pricing abuse. Nishana Gosai, transfer pricing manager at the South African Revenue Services (SARS) Large Business Centre, spoke strongly in favour of CBCR reporting to help tackle the problem.
Sorry. You must be a subscriber to view this article. Alternatively, why not take a free trial? To subscribe and access this article immediately simply click here or call +44(0)207 779 8380.