WHEN TRANSFER PRICING COMES HOME: THE NEXT FRONTIER FOR SEZs
Special Economic Zones (SEZs) exist for one reason: to encourage investment. By offering qualifying companies a reduced corporate income tax rate of 15%, South Africa sought to make designated manufacturing and industrial hubs more attractive to investors. Yet, like many tax incentives, the concession has always carried a concern—how do you encourage genuine investment without opening the door to artificial profit shifting?

