Workshop on Improving Mining Tax Administration: Challenges of Transfer Pricing in Mining – 1Ed.
The mining sector is a great source of revenues for many countries of the Latin American and Caribbean region. The efficient management of the income from this activity may generate the necessary resources for complying with the responsibilities of the States. However, given the volume of tax transactions, amounts and features, the control of such movements is particularly challenging.
CIAT, the World Bank and GIZ organized a workshop for improving tax collection and transfer pricing in mining, which was held in Panama City, on March 21-23, 2017, for providing training to the countries on this issue, as well as an exchange scenario for improving each country’s performance in the collection of income generated by this activity.
Sponsors:
CIAT / World Bank / GIZ – Chile
Countries Involved:
23 experts of 9 Member countries of CIAT
Objetivo:
To improve the tax authorities’ capacity for the purpose of: guaranteeing the legitimacy of their tax revenues in those mining activities carried out in their countries and that they not be reduced through transfer pricing and profit shifting.
Workshop on Improving Mining Tax Administration: Challenges of Transfer Pricing in Mining
Day 1 – March 21
- – Plenary Opening Session
- – Plenary Session 1: Setting the Scene
- – Workshop 1: The mining industry and transfer pricing
Day 2 – March 22
- – Workshop 2: Mapping of Risks to tax collection through mispricing of transfers
Day 3 – March 23
- – Plenary Session 2: Policy initiatives and trends to mitigate the risk of transfer mispricing in international cross-border transactions
- – Workshop 3: Institutional and Administrative Capacity Issues
- – Plenary Session 3: Final Discussions & Closing Remarks