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29 June 2018

Senegal implements new transfer pricing obligations

Senegal has ratified the Organisation for Economic Co-operation and Development's (OECD's) Multilateral Convention with respect to the Base Erosion and Profit Shifting (BEPS) project. Accordingly, in line with BEPS Action 13 (Transfer Pricing Documentation and Country-by-Country Reporting), Senegal is required to amend its fiscal legislation to implement Country-by-Country (CbC) reporting as well as to strengthen its transfer pricing (TP) documentation requirement.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-1339

 

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