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Q&A with FB Attorneys
In this week’s column read questions on:
Legal Update
Legal Update – 27 March 2026
Court Renders Decision on TP Matters and Applicability of OECD Guidelines
- OECD TP Guidelines held not binding, rather persuasive and aid in interpretation
- Failure to consider a certain version of guidelines declared not a point of law
- Court’s jurisdiction on pure points of law in tax matters emphasized
- Interpretation on the applicability of TNMM method provided
- Taxpayer’s finance costs added back and taxed
- Taxpayer’s appeal dismissed for want of merit
Legal Quest
In this week’s Legal Quest the poll results read:
- Can a marriage be legally annulled if one of the parties was incapable of consummating it from the outset?
YES – 91% | NO – 9% - Is it allowed to run a funding campaign to support someone in need?
YES – 60% | NO – 40% - Can a person be charged with a crime for sharing someone else’s private information online?
YES – 96% | NO – 4%