Kenya revamps Transfer Pricing rules

12 September 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation|Kenya

New draft Transfer Pricing rules introduced in Kenya reflect recent changes in the income tax law and will eventually replace rules introduced in 2006.
The new rules are generally modeled after international transfer pricing guidelines, published by the Organisation for Economic Co-operation and Development.
Although the new rules will increase compliance obligations for multinational enterprises, they also provide needed clarity.

Overview

Kenya's Cabinet Secretary for National Treasury, on 4 Septem…

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