The Tanzania Revenue Authority (TRA) has issued the Transfer Pricing Guidelines 2020, which is dated 1 July 2020. The guidelines provide guidance on the application of Tax Administration (Transfer Pricing) Regulations, 2018 ({News-2018-12-20/A/5-previous coverage}), including guidance on:
- The arm’s length principle;
- Functional analysis;
- Methods of determining an arm’s length price;
- The comparability analysis;
- Factors determining comparability;
- Documentation, including:
- Ownership and Organiz…