How Tax Laws Could Change
04 October 2013
Posted by: Author: Ingé Lamprecht
Author: Ingé Lamprecht (MoneywebTax)
Public perception, tax structures and a new world order.
African tax authorities have already started to take a far more aggressive approach to perceived tax avoidance on the continent and the situation is likely to intensify going forward.
Speaking at the African Tax and Business Symposium, Kyle Mandy, head of national tax technical at PwC South Africa, said multinationals with companies that are operating in Africa have probably already experienced a firmer stance with regards to transfer pricing taking place.
This comes amidst efforts by the Organisation for Economic Co-operation and Development (OECD) to address challenges relating to base erosion and profit shifting (BEPS). In this regard, the OECD released an ambitious action plan in July this year.
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This article was first published on moneywebtax.co.za