The Dark Side of Transfer Pricing: Its Role in Tax Avoidance and Wealth Retentiveness

In conventional accounting literature, ?transfer pricing? is portrayed as a technique for optimal allocation of costs and revenues amongst divisions, subsidiaries and joint ventures within a group of related entities. Such representations of transfer pricing simultaneously acknowledge and occlude how it is deeply implicated in processes of wealth retentiveness that enable companies to avoid taxes and facilitate the flight of capital. A purely technical conception of transfer pricing calculations abstracts them from the politico-economic contexts of their development and use. The context is the modern corporation in an era of globalized trade and its relationship to state tax authorities, shareholders and other possible stakeholders. Transfer pricing practices are responsive to opportunities for determining values in ways that are consequential for enhancing private gains, and thereby contributing to relative social impoverishment, by avoiding the payment of public taxes. Evidence is provided by examining some of the transfer prices practices used by corporations to avoid taxes in developing and developed economies

Just transitions for a Climate-Resilient Development in Africa – Transforming Dialogue into Action

CCDA-X1, hosted by the Government of Namibia, convened on the theme: “Just transitions for a Climate-Resilient Development in Africa – Transforming Dialogue into Action” in collaboration with Africa’s civil society organisations, academia, development partners, regional and international organisations and the private sector. The conference resulted in the following key messages to be taken forward to COP27 by Namibia

The party-state in the land occupations of Zimbabwe: the case of Shamva district

There has been significant debate about the land occupations which occurred from the year 2000 in Zimbabwe, with a key controversy concerning the role of the state and ruling party (or party-state) in the occupations. This controversy, deriving from two grand narratives about the occupations, remains unresolved. A burgeoning literature exists on the Zimbabwean state’s fast-track land reform programme, which arose in the context of the occupations, but this literature is concerned mainly with post-occupation developments on fast-track farms. This article seeks to contribute to resolving the controversy surrounding the party-state and the land occupations by examining the occupations in the Shamva District of Mashonaland Central Province. The fieldwork for our Shamva study focused exclusively on the land occupations (and not on the fast-track farms) and was undertaken in May 2015. We conclude from our Shamva study that involvement by the party-state did not take on an institutionalised form but was of a personalised character entailing interventions by specific party and state actors