Transfer Pricing Regulations, 2012 (L.I. 2188)
Regulation 8
(1) The Commissioner-General may on receipt of returns filed under regulation 7(2) in respect of a transaction, examine the amount
(a) charged to the final accounts, or
(b) credited to the final accounts
of the person who filed the returns, in respect of that transaction to determine whether the amount is within arm's length.
(2) The Commissioner-General shall, after the examination mentioned in sub regulation (1), use a transfer pricing method the Commissioner-General considers appropriate.
(3) The transfer pricing method shall be selected from among the methods specified under regulation 3(1).
(4) The Commissioner-General shall adjust the taxable profit of a person if the Commissioner-General is satisfied after the examination that the amount
(a) charged to the final accounts, or
(b) credited to the final accounts
of the person in respect of that transaction is not within the arm's length range and that person shall pay tax on the adjusted profit.
(5) Despite sub regulation (1), the Commissioner-General may conduct an audit of a person even though the person has not filed a return.
Procedure to Follow
Not Avaiable
Responsible Institution
Location: Off Starlets 91 Road, near Accra Sports Stadium
- Email: info@gra.gov.gh
- Website: www.gra.gov.gh/
- GPS: GA-144-3422
- Telephone: 0800900105
Relevant Forms to Download
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Online System
Fees/ charges
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