Ivory Coast (Côte d'Ivoire)
Group taxation is not permitted in Côte d’Ivoire.
Profits directly or indirectly transferred to related non-resident companies are disallowed from the income tax basis.
The tax administration may inquire on transfer pricing when local subsidiaries having most of their transactions with non-resident group companies record losses.
A transfer pricing report on group transactions must be filed together with annual financial statements. The description of the method used by the taxpayer to determine its transfer prices must be expressly specified.
Country-by-country (CbC) reporting
A CbC report must be filed when group consolidated turnover of XOF 491.97 billion is met.
The deduction of the interest of loans granted on top of the share capital by related parties is subject to restrictions (see Interest expenses in the Deductions section).
When, because of losses, the equity of the company is less than 50% of the share capital, the company must be recapitalised in the two following years, unless the company is dissolved.
Controlled foreign companies (CFCs)
There are no CFC rules in Côte d’Ivoire.