09.03.2014 Views

Mr. Colin Clavey, World Bank/IFC - International Tax Dialogue

Mr. Colin Clavey, World Bank/IFC - International Tax Dialogue

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TP legislation – key objectives<br />

• To require taxpayers to return a taxable<br />

profit in line with arm’s length terms<br />

• To allow tax authorities to make<br />

adjustments to returned profit where nonarm’s<br />

length terms have been used<br />

• To relieve double taxation??

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