Global Financial Integrity (GFI) and the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) are proud to announce the release of their latest publication, “Curbing Illicit Financial Flows to Enhance Domestic Resource Mobilization: Leveraging Transfer Pricing Strategies to Close Tax Loopholes in Uganda.”
This policy memo delves into the intricate nexus between illicit financial flows and transfer pricing within the context of Uganda. It meticulously examines the current status of transfer pricing rules and strategies, shedding light on the challenges that hinder the effective implementation of these rules. The report also provides key policy recommendations aimed at bolstering efforts to curb illicit financial flows and enhance domestic resource mobilization in Uganda.
Key Highlights of the Publication:
- Nexus Between Illicit Financial Flows and Transfer Pricing: The report explores the intersection of illicit financial flows and transfer pricing, emphasizing the impact on Uganda’s economy. By uncovering the dynamics at play, the publication contributes to a deeper understanding of the challenges posed by these issues.
- Status of Transfer Pricing Rules and Strategies: An in-depth examination of the existing transfer pricing rules and strategies in Uganda forms a crucial component of the publication. The analysis provides a foundation for assessing the gaps and inefficiencies in the current system.
- Challenges Hindering Effective Implementation: The report identifies and discusses the obstacles that hinder the successful implementation of transfer pricing rules in Uganda. Understanding these challenges is a crucial step toward developing targeted solutions.
- Key Policy Recommendations: Building on the insights gained from the analysis, the publication puts forward key policy recommendations. These recommendations are designed to strengthen transfer pricing frameworks, enhance regulatory oversight, and ultimately curb illicit financial flows in Uganda.
This policy memo serves as a valuable resource for policymakers, tax authorities, scholars, and stakeholders interested in fostering transparency, accountability, and sustainable economic development in Uganda.