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824 AFW99 H: PAN AFRICAN Institute FOR DEVELOPMENT WEST AFRICA (PA1DWA) U I H I 1 SEM FW)Dissemination OF ASSESSMENT AND RESEARCH 4WSULTS THE RURAL IN WATER 1JDSANiTATION SECTOR! I Y×Audi, AP1L1999
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ii i - irc stands for Information Return of International Transactions - International Related-Party Transactions.
Corporations, partnerships, or individuals engaged in international transactions with related parties are required to file ii i - irc.
ii i - irc can be filled out electronically through the designated portal provided by the tax authority. Detailed instructions are usually provided along with the form.
The purpose of ii i - irc is to provide information to the tax authority about international transactions between related parties, in order to prevent tax evasion and ensure compliance with transfer pricing rules.
Information such as the nature of the transaction, amount involved, names of related parties, and details of any transfer pricing arrangements must be reported on ii i - irc.
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