Several Latin American countries participated on July 10 to 12, in an event for exchanging experiences on abusive transfer pricing manipulation. This event was possible thanks to the collaboration of the Federal Administration of Public Revenue (AFIP) of Argentina, which presented their experience and offered their central office facilities.

This activity is a result of the financial and logistical support provided by the Fiscal Studies Institute of Spain (IEF), the International Foundation of Administration and Public Policies for Ibero-America (FIIAPP) and the Inter-American Center of Tax Administrations (CIAT), in the EUROsocial II framework.

This activity is a first effort under the program “Voluntary Compliance with Tax Obligations” in the area of “Public Finance”,which results will motivate new activities under the different modalities offered by the program: exchange visit, meetings, specialized assessment , courses, among others.

All participating countries (Colombia, Costa Rica, Ecuador, El Salvador, Guatemala and Paraguay) consider that transfer pricing is a strategic issue and therefore, at the beginning of the EUROsociAL program, they presented requests on this topic.

As a result of this activity, additional requests for assistance were received, to address priorities aimed at controlling international operations between related companies. These priorities are in both normative and operational aspects, including the methodologies used for auditing, the information regimes, the use of information from different sources, the selection of comparables, among others.

In the future, jointly with its program partners, the CIAT will evaluate future additional activities which will deepen the exchanges of this first event and implement the best practices learned.

Participants of the activity.

General view of the participants.