Question NW2086 to the Minister of Mineral Resources
01 July 2015 - NW2086
Luzipo, Mr S to ask the Minister of Mineral Resources
Is there any work that is being done by his department with regard to the challenges posed by transfer pricing, mispricing, as well as tax-base erosion and price fixing with other affected or relevant departments like the Department of Trade and Industry and the National Treasury; if not, why not; if so, how much ground has been covered?
Reply:
The Department of Mineral Resources participates in the Inter-Ministerial Committee of Revitalisation of Distressed Mining Towns, which has initiated a process to investigate transfer pricing and related matters. The National Treasury and South African Revenue Services are leading this process.