The rapid economic growth in developing African countries has attracted increased participation from multinational companies in international trade and investments within the continent.
In 2018, Nigeria's (FIRS) underwent a significant revamp of its Transfer Pricing (TP) regulations to adhere to international standards outlined by the OECD and the UN TP Manual.
As the largest economy in West Africa and a key player in the global markets for coffee, cocoa, and gold, Côte d'Ivoire's transfer pricing dynamics hold particular importance for both domestic and international stakeholders.
The TP rules in Tanzania emphasize fair and transparent business transactions and require TP documentation for related-party transactions exceeding TZS10 billion.