The 11th Annual Africa Transfer Pricing Summit will be held on November 4 at The South African Institute of Taxation (SAIT), the largest professional tax body in South Africa.
Under the theme” ‘Minimizing risk during an era of ever-increasing uncertainty’, the summit is expected to address “pertinent transfer pricing and cross-border flow issues”.
The experts will discuss, among other thing, global minimum tax, recent global transfer pricing cases, South African advanced pricing agreements, transfer pricing and debt and the latest in a long saga and supply chains in a post-COVID world.
The event, according to African Tax Administration Forum (ATAF), seeks to provide both a South African and regional perspective on the topic through transfer pricing experts from around the continent, including private practitioners and government officials from specific revenue authorities and from international organizations.
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“The Annual Transfer Pricing Conference has become the pre-eminent annual event for South African transfer pricing specialists to share ideas and update themselves on the latest transfer pricing trends,” ATAF submits.
While observing that transfer pricing is a clandestine accounting practice that governs how goods or services are exchanged between divisions of the same company, The Continent adds that, “it is the mechanism by which much of Africa’s wealth has been looted.”
