Progress on Transfer Pricing in Africa, Netherlands
July 6th, 2011
Today we would like to highlight two recent blogs from two of Eurodad members, which discuss some positive developments in the tax transparency arena.
Firstly, following Action Aid’s recent report on SABMiller and its abusive transfer pricing practices in developing countries, several tax authorities in Africa are conducting further investigations on the company’s operations.
“African tax authorities have not only acknowledged the impact of ActionAid’s recent report highlighting tax avoidance by the global brewing company SABMiller, but also committed to doing something new in response to it. Meeting last week to discuss our report under the auspices of the African Tax Administration Forum (ATAF), several of the countries in which SABMiller operates agreed to work together to step up efforts to combat tax dodging by multinationals.”
You can also read the full blog post on this topic by Action Aid’s Martin Hearson.
Secondly, last week the Dutch Parliament adopted a motion urging the government to push for country-by-country reporting to become an international norm. For more information on this development, please follow the link to read the post by Koos de Bruijn.
Let us know what you think about these stories by leaving your comments below.