Four years after the Extractive Industries Transparency Initiative (EITI) began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation.
The transfer price is the price of a transaction between two entities that are part of the same group of companies. For example, a South Africa-based company might sell mining equipment and machinery to its Ghana-based subsidiary.
Sierra Leone is rich in mineral resources, including diamonds, bauxite, iron ore, and rutile. Despite this vast mineral wealth, Sierra Leone remains one of the poorest countries in the world, ranked 158th of 169 on the Human Development Index.
The commodity downturn represents an opportunity to invest in good practices that will help countries break from a legacy of inadequate governance and legal structures, weak enforcement of tax legislation and imprudent revenue management.
Le présent rapport évalue le développement et la mise en œuvre des règles de contrôle des prix de transfert dans le secteur minier dans différents pays et contextes. Comme l’illustrent les études de cas complétant ce volume, le Ghana, la Guinée, la Sierra Leone, la Tanzanie et la Zambie font face à plusieurs difficultés majeures dans l’application des règles sur les prix de transfert.
The commodity downturn represents an opportunity to invest in good practices that will help countries break from a legacy of inadequate governance and legal structures, weak enforcement of tax legislation and imprudent revenue management. Making improvements in establishing and enforcing strong governance and fiscal frameworks now to capture resource rents will also pay off when mineral prices rise again.
From 2009 to 2011, with support from the Bill and Melinda Gates Foundation, Revenue Watch conducted capacity-building projects for parliamentarians, civil society organizations and media in Ghana, Sierra Leone, Tanzania and Uganda.