The Kenya Revenue Authority (KRA) has more than doubled staff at its international tax office in order to fast-track audits on multinationals it suspects of improper transfer pricing.
The taxman has beefed up employees at the unit to 40, up from 16 previously, as it focuses its lens on foreign firms that continue to report low profits or losses despite smaller players operating in the same sectors doing well, pointing to possible cases of manipulation in order evade tax.
