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EYEY

Kenya rolls out new tax return template to capture data on intercompany transactions for MNEs

|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Transfer Pricing|Kenya
Kenya
  • Multinational entities (MNEs) operating in Kenya will be obliged to disclose more information relating to their intercompany operations and financial value of the transactions in question.
  • A new tax return template seeks to gather more data on related-party transactions vis-à-vis their parent company or headquarters.

Executive summary

The Kenya Revenue Authority (KRA) has rolled out a new tax return template that expands the scope of compliance for taxpayers, requiring them to disclose related-par…

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