On 1 July 2020, the Tanzania Revenue Tax Authority issued the Transfer Pricing Guidelines 2020, which provides the instructions of how to apply Transfer Pricing Regulations, 2018. It covers the guidance on the arm’s length principle, functional analysis, applicable methods for determining arm’s length price, comparability analysis, documentation obligations, special considerations for intangible property, intra-group services, and commodity transactions. The guide also includes the instructions regarding advance pricing arrangements.
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