Internal transfer pricing; be careful, very careful
Transfer pricing, along with its many implications, has long been a contentious tax issue.
Yet while conventional wisdom has it that transfer pricing is largely an offshore phenomenon involving related offshore parties, it frequently creates problems when it is conducted domestically.
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Bowman Gilfillan has formed an association with
Coulson Harney Advocates, a corporate and commercial law firm in Kenya. The association provides Coulson Harney with a springboard for its involvement in legal advisory work around Africa.
Chambers and Partners
2010 ranked us first in the following departments:
Competition/Antitrust
Corporate/M&A
IT & Telecommunications
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Proposed acquisition by Steinhoff of Conforama from PPR (Gucci parent company) (deal value Euro 1.2 billion)
We are acting as local counsel for PPR (Skadden Arps, the leading Wall Street law firm, are the international counsel), A French luxury goods and furniture group (also the parent company of Gucci), in the proposed disposal of its furniture and household goods business, Conforama, to the JSE listed Steinhoff International Holdings Limited.
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We are an independent corporate law firm with well established relationships with some of the leading law firms in the major financial centres of the world.
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Bowman Gilfillan is proud to be one of the first large commercial firms to develop and implement a comprehensive pro bono policy. In accordance with this policy we pursue meritorious public-law cases and act for indigent clients in a number of ongoing matters. As a responsible corporate citizen, Bowman Gilfillan encourages its practitioners to seek to provide legal services to deserving organisations and individuals on a pro bono (free) basis. A number of pro bono matters have been taken on in a wide variety of fields, from education to healthcare and other social services and partnerships have been established with recognised public interest legal services providers such as the Legal Resources Centre and the Aids Law Project.
Bowman Gilfillan has also entered into an arrangement with CIDA City Campus, particularly in business subjects, in terms of which we prepare the lecture materials for, and present lectures to, their second year students. We also provide CIDA with legal advice. All of this is done free of any charge, as part of our social responsibility programme.
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Bowman Gilfillan is involved in a continuous transformation process and in 2004 adapted a Transformation Charter. The Transformation Charter was revised in 2008 with recommendations for the next 3 years.
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