Three members of TPED, Sébastien Gonnet, Romero Tavares, Michael Hewson were invited to speak at the 2020 Transfer Pricing Conference of SAIT (South-African Institute of Taxation).
The South African Institute of Tax Professionals (SAIT) is the largest of the professional tax bodies in South Africa, and seeks to enhance the tax profession by developing standards in education, compliance, monitoring and performance.
The 2020 conference has primarily focused on the likely changes to the international tax system, notably in relation to digital business models, and the meaning of these changes for Africa.
The Conference was the occasion for TPED to present some of the economic work performed by the Association and partner universities. TPED’s work on the lack of comparables in Africa may well provide some options for African tax authorities to apply the arm’s length principle in the absence of domestic comparables. TPED’s work can also help the OECD to delineate a higher Amount B (fixed return for baseline marketing and distribution activities) for African countries, in the context of the OECD digital reform project.