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Home Extractive industry Transfer Pricing in the Extractive Sector as an Illicit Capital Outflow Mechanism

Transfer Pricing in the Extractive Sector as an Illicit Capital Outflow Mechanism

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</img>Transfer Pricing in the Extractive Sector as an Illicit Capital Outflow Mechanism
The capture of potential revenues and the risks associated with them depend, among other factors, on the fiscal terms that will be applied to the project, cost estimates for development, production and details on the commercial structure that will be adopted by the oil and financing companies.
A estrutura adoptada pelo consórcio do projecto Coral FLNG – área 4 da bacia do Rovuma, Campo Coral Sul, com vista à acomodação da produção do GNL apresenta riscos de ocorrência de preços de transferência abusivos, uma das técnicas muito usadas por empresas do sector extractivo para transferir ilicitamente recursos financeiros do país onde o projecto está localizado para a empresa em si.
The risk of abusive transfer pricing arises from the commercial structure set up by the Coral Sul FLNG project consortium, as well as the FLNG financing structure.
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