Botswana Budget 2018/19 gives vision into the implementation of transfer pricing laws in Botswana. Accordingly, Grant Thornton presents its insight on the matter in a series of alerts about transfer pricing, supported by local knowledge and experience of Rajesh Narasimhan, Taxation Partner.
We understand that transfer pricing is the number one international tax area of concern to multinationals. Although the principles are common, interpretations differ from one tax authority to another and we are now starting to see a greater emphasis on examination and audit activity to encourage compliance. With ever-more fiscal authorities now also focusing on further developing their transfer pricing rules, ignoring the issue is not an option for any well run business.
View our alert for more information.