According to recent reports, Senegal has introduced new transfer pricing documentation requirements from 2018. This includes a new annual transfer pricing return and Country-by-Country (CbC) reporting. The annual transfer pricing return is to be submitted along with the tax return (due 30 April) and contains general transfer pricing information, including information on related parties and activities, transaction values, financing, the group transfer pricing policy, etc. The requirement applies for companies with an annual turnover or gross assets of XOF 5 billion or more and companies that hold or are held by a company meeting the XOF 5 billion threshold. A...