I work with governments to strengthen their laws, institutions, and capabilities to combat tax avoidance in the extractive sector.
Transfer Pricing Risk Tool for the Mining Industry
Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and NRGI, 2017
I am currently finalising a transfer pricing risk assessment toolkit specific to the mining industry in Africa. The purpose of the toolkit is to strengthen the capacity of tax authorities to determine whether specific high-risk related party transactions in the mining sector should be selected for transfer pricing audit.
The tool offers -
- A step-by-step approach to reviewing high-risk related party transactions in the mining sector;
- It sets out precise information requirements, as well as questions to ask the taxpayer;
- The checklist approach can be immediately integrated into everyday risk assessment activities;
- It covers selected transactions – offshore marketing arrangements, intercompany debt, and corporate services.
The tool will be published in May in English and French. It will also be available as a non-web based computer application.
GIZ plans to run trainings based on the tool in various African countries.
If you’re interested in the toolkit, or have ideas about how it could be applied get in touch.
Strengthening beneficial ownership disclosure in extractive industries
EITI International Secretariat
I am working with Herbert Smith Freehills to advise the Government of Sierra Leone on the policies, laws, regulations and institutional practices required to collect beneficial ownership information from mining, oil and gas companies, in accordance with the EITI Standard.
This work builds on another project I just completed for GIZ, also in Sierra Leone: a costed roadmap for the National Minerals Agency of Sierra Leone to improve integrity due diligence of mining investors, including beneficial owners. See my blog on this project.
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