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Kenya Revenue Authority sets up cross-border monitoring unit

Published on May 21, 2015

The taxman has set up a unit to monitor cross-border transactions of multinational firms in Kenya, further tightening the noose on non-compliant companies.

The Kenya Revenue Authority (KRA) on Tuesday said the government is also in the process of making laws that would effect agreements already signed with over 85 new tax jurisdictions to facilitate exchange of information on multinational firms. Read more. Source | Business Daily