International tax firm Andersen Tax is highly recommended for its expertise in transfer pricing advisory and dispute resolution. The firm has one of the biggest networks, spanning across 146 locations within 18 countries, as it continues its expansion. The Nigeria TP team is led by Joshua Bamfo, which provides full transfer pricing services. Some of the industries they specialise in include oil and gas, FMCG, financial services and telecommunication.
The firm represented a Nigerian subsidiary of an international group company in a transfer pricing dispute regarding the tax authority’s claim of invalid related transactions, and the parent company being the main executor of the EPC contract and subject to Nigerian tax. The team performed TP audit, produced the defence file and relevant supporting documents, liaised with the tax authority and proved that the client based in Nigeria was the main contractor and was subject to the local tax instead.
Taxaide is recommended for its services in tax and transfer pricing. The firm has offices in Lagos State, Abuja and Ondo State, and is a member of Antea, an alliance of independent firms. Bidemi Olumide is the CEO and the partner leading the transfer pricing practice. Olumide specialises in country-by-country reporting, MAPs, free-trade zones, customs and excise duties, income taxes and payroll taxes.