Enhanced regulation on transfer pricing
5 March 2024

At the beginning of the year, Implementing Directive 981/2024 containing transfer pricing rules came into force. It will hopefully remedy the legal and practical gap in the enforcement of transfer pricing rules in Ethiopia.

The directive reiterates all the provisions of the previous directive and introduces administrative penalties for failure to maintain or submit required documentation: what are the key elements of the directive?

Our Ethiopia Team and Tax Practice break down the main new provisions in the newsletter available here.