Burkina Faso Publishes Law for 2022 Budget Including Revised Transfer Pricing Documentation Requirements

Burkina Faso published the Finance Law for the 2022 Budget (Law No. 042/2021/AN) in the Official Gazette on 31 December 2021. Some of the main measures of the law include the following:

• All companies, whatever their form and activities, are required to maintain a register of their beneficial owners and submit a declaration on the identity of beneficial owners within the due date for the annual tax return (generally 30 April), including any changes, which applies for existing companies and ne…