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Audit firm imparts knowledge on transfer pricing

Audit and accountancy consulting firm, Mazars Botswana has expressed the need to create awareness amongst businesses about the envisaged transfer pricing legislation.

Senior accounts and taxation partner at Mazars Botswana, Ramnath Kadua told Mmegi Business that transfer pricing is a new topic in the country, noting that the government is contemplating on coming up with a legislation on transfer pricing.

“Until now, transactions of this nature were governed by the anti-avoidance provisions under the Income Tax Act,” he said.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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