Development cooperation , 11.09.2013

Transfer Pricing Seminar

Description

Tax Justice Network (“TJN”) co-hosts with Kepa and Agenda Participation 2000 a two day seminar on Transfer Pricing to be held on October 3-4, 2013, in Dar es Salaam, Tanzania. The event is follow-up to the transfer pricing seminar organized in Helsinki. In addition a more general public event will be organized on June 15. Participants will discuss issues related to transfer pricing/transfer mispricing and the harmful impact of transfer mispricing on government revenue, especially in the context of extractive industries and exploitation of natural resources in developing countries. Losses to developing countries from transfer mispricing have been estimated at US$ 160 billion of tax revenue annually. The seminar will present alternatives to the current transfer pricing rules. Combating transfer mispricing is one way to promote developing countries' domestic resource mobilization . It supports the achievement of the objectives stated in Finland's development policy program, and realizes the commitment to support international actions combating tax evasion and illicit capital flows while promoting the development of international norms and guidelines and strenthening corporate social responsibility. Supporting the transfer pricing seminar is also in line with the priorities set in the Finland's country strategy for Tanzania (good governance and equitable access to public services, sustainable management of natural resources and inclusive green growth), and it is complements other interventions supported by Finland, and embeds synergies with the operations carried out by the Institute of African Leadership for Sustainable Development (Uongozi Institute). TJN is a network of NGO's specialized in international taxation, focusing - among other issues - on transfer pricing of multinational corporations. The network undertakes research and advocacy, and has a membership of 80 organizations in 30 countries. Finnish Kepa ry is a member of TJN and its Tanzania office is in charge of seminar arrangements together with TJN, in particular of linking the Finnish participants to the event and relation with the Finnish media. Agenda Participation 2000 is a Tanzanian NGO focused on promoting democracy and good governance. The event is expected to bring together experts, researchers, tax authorities, civil society and private sector representatives. Finnish support will enable wide participation of developing countries' representatives and other high level experts.

Funding decision  11.09.2013

129 877 €

Objectives monitored by OECD's Development Assistance Committee

  • Participatory development/Good governance

Field of activity

  • Legal and judicial development 100%

Funding channel

  • Yliopisto, tutkimuslaitos tai asiantuntijaryhmä
  • Kehitysyhteistyön Palvelukeskus ry

Contact

keo-10

Code for the object of funding

89891971

ID

UHA2013-003755

Modified

04.10.2013