The Mali Ministry of Finance recently released the draft budget for 2017, which includes the introduction of new transfer pricing rules. Mali currently has no specific transfer pricing regime, although the tax authority is empowered to adjust the tax base when transactions with non-resident parties are not conducted at arm's length. The main aspects of the draft transfer pricing rules are as follows: Related parties are defined to include where one party has direct or indirect capital ownership of 50% or more, or has effective decision-making power in another, or where multiple parties are controlled by a third party meeting...