Uganda

Uganda

Publishes transfer pricing regulations

01 Jul 2011

Uganda published the 2011 Uganda Transfer Pricing Regulations, which require that all companies that have cross border transactions with related entities prepare and document transfer pricing documentation. The regulations, inter alia, require that even companies that have transactions with related entities within Uganda provide documentation. The measure was adopted by Finance Minister Maria Kiwanuka in the 2011/12 budget; the Transfer Pricing Regulations went into effect on 1 July 2011.