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Kenya to Revise Arm's Length Pricing Requirement for Preferential Tax Regimes, Revise CbC Reporting Requirements, and Increase Digital Services Tax

|Proposed Changes|Kenya
Kenya

Kenya's Parliament has published the Finance Bill 2022, which contains the measures announced as part of the Budget Statement for 2022/23. In addition to the measures previously reported, the Bill includes a few other important measures.

One of these measures provides for the replacement of Section 18A of the Income Tax Act, which introduced an arm's length pricing requirement for resident re…