Leveraging Data Analytics in Transfer Pricing Audits
Ngozi Benita Onyebezie and Akaoma Osele of KPMG look at the potential for the use of technology in transfer pricing audits, with a focus on Nigeria. They also discuss some of the challenges and obstacles encountered by multinational enterprises when attempting to incorporate data analytics into company operations. In the last few years the field of transfer pricing (TP) in Nigeria has witnessed the introduction of e-filing platforms, automated documentation tools and a commendable shift from paper-based compliance to the acceptance of digitally presented compliance submissions by the tax auth...