The Tanzania Revenue Authority (TRA) has issued the Transfer Pricing Guidelines 2020, which is dated 1 July 2020. The guidelines provide guidance on the application of Tax Administration (Transfer Pricing) Regulations, 2018 ({News-2018-12-20/A/5-previous coverage}), including guidance on: The arm’s length principle; Functional analysis; Methods of determining an arm’s length price; The comparability analysis; Factors determining comparability; Documentation, including: Ownership and Organizational Structure; Nature of the business or industry and market conditions; Controlled transactions; Pricing policies; and Other Comparability information; Application of the OECD or UN documents; Special considerations for intra group services; Special consideration for intra group financing; Special considerations...