Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners

This book presents the results of a study on transfer pricing (TP) with specific focus on mining in Africa commissioned in early 2014 by the World Bank Group (WBG) in partnership with the International Mining for Development Centre (IM4DC). The Sou...

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Main Authors: Guj, Pietro, Martin, Stephanie, Maybee, Bryan, Cawood, Frederick, Bocoum, Boubacar, Gosai, Nishana, Huibregtse, Steef
Format: Handbook
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/801771485941579048/Transfer-pricing-in-mining-with-a-focus-on-Africa-a-reference-guide-for-practitioners
http://hdl.handle.net/10986/26036
id okr-10986-26036
recordtype oai_dc
spelling okr-10986-260362021-06-14T10:12:57Z Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners Guj, Pietro Martin, Stephanie Maybee, Bryan Cawood, Frederick Bocoum, Boubacar Gosai, Nishana Huibregtse, Steef MINING PRICING FINANCE GROWTH POLICY value chains mining cycle government revenues transfer pricing vertical integration multinational corporations trade precious metals base metals iron ore coal gems auditing This book presents the results of a study on transfer pricing (TP) with specific focus on mining in Africa commissioned in early 2014 by the World Bank Group (WBG) in partnership with the International Mining for Development Centre (IM4DC). The Source Book opens with the Introductory chapter identifying the need for the study and the way it was conducted. This is followed by the main body of the book that includes three parts. 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 mined in Africa. This part and its related appendices provide a comprehensive inventory of current mining operations in Africa and information about the revenue and cost structure of typical operations to help establish a methodology for the assessment and prioritization of transfer pricing risks, supported by practical examples and case studies. Part C (Institutional and administrative capacity) then relates to the question of how to prioritize and address the issues covered in Parts A and B and discusses the resourcing, skills and organizational structures necessary to ensure that the arm’s length principle is successfully abided to. The book closes with a Discussion and Conclusions chapter which summarizes the results of the study and the main strategies identified as appropriate to improve industry’s compliance with sound TP principles and the capacity of tax authorities to carry out an adequate level of effective TP auditing, thus minimizing revenue leakages. Relevant examples and case studies are provided throughout the text in the form of Boxes identifiable by a distinctive greenish-grey colored background. 2017-02-13T19:38:23Z 2017-02-13T19:38:23Z 2017-01 Handbook http://documents.worldbank.org/curated/en/801771485941579048/Transfer-pricing-in-mining-with-a-focus-on-Africa-a-reference-guide-for-practitioners http://hdl.handle.net/10986/26036 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic MINING
PRICING
FINANCE
GROWTH
POLICY
value chains
mining cycle
government revenues
transfer pricing
vertical integration
multinational corporations
trade
precious metals
base metals
iron ore
coal
gems
auditing
spellingShingle MINING
PRICING
FINANCE
GROWTH
POLICY
value chains
mining cycle
government revenues
transfer pricing
vertical integration
multinational corporations
trade
precious metals
base metals
iron ore
coal
gems
auditing
Guj, Pietro
Martin, Stephanie
Maybee, Bryan
Cawood, Frederick
Bocoum, Boubacar
Gosai, Nishana
Huibregtse, Steef
Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners
geographic_facet Africa
description This book presents the results of a study on transfer pricing (TP) with specific focus on mining in Africa commissioned in early 2014 by the World Bank Group (WBG) in partnership with the International Mining for Development Centre (IM4DC). The Source Book opens with the Introductory chapter identifying the need for the study and the way it was conducted. This is followed by the main body of the book that includes three parts. 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 mined in Africa. This part and its related appendices provide a comprehensive inventory of current mining operations in Africa and information about the revenue and cost structure of typical operations to help establish a methodology for the assessment and prioritization of transfer pricing risks, supported by practical examples and case studies. Part C (Institutional and administrative capacity) then relates to the question of how to prioritize and address the issues covered in Parts A and B and discusses the resourcing, skills and organizational structures necessary to ensure that the arm’s length principle is successfully abided to. The book closes with a Discussion and Conclusions chapter which summarizes the results of the study and the main strategies identified as appropriate to improve industry’s compliance with sound TP principles and the capacity of tax authorities to carry out an adequate level of effective TP auditing, thus minimizing revenue leakages. Relevant examples and case studies are provided throughout the text in the form of Boxes identifiable by a distinctive greenish-grey colored background.
format Handbook
author Guj, Pietro
Martin, Stephanie
Maybee, Bryan
Cawood, Frederick
Bocoum, Boubacar
Gosai, Nishana
Huibregtse, Steef
author_facet Guj, Pietro
Martin, Stephanie
Maybee, Bryan
Cawood, Frederick
Bocoum, Boubacar
Gosai, Nishana
Huibregtse, Steef
author_sort Guj, Pietro
title Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners
title_short Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners
title_full Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners
title_fullStr Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners
title_full_unstemmed Transfer Pricing in Mining with a Focus on Africa : A Reference Guide for Practitioners
title_sort transfer pricing in mining with a focus on africa : a reference guide for practitioners
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/801771485941579048/Transfer-pricing-in-mining-with-a-focus-on-Africa-a-reference-guide-for-practitioners
http://hdl.handle.net/10986/26036
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