Summary Article: Income Tax (Transfer Pricing) Rules 2023
The Government of Kenya, through the Cabinet Secretary for National Treasury and Economic Planning, has proposed new Transfer Pricing Rules (TPR, 2023), that, if it comes into effect, will replace the Income Tax (Transfer Pricing) Rules, 2006 (TPR, 2006). Considering the rapid transactional development both at the municipal and cross-border level, it has proven to be necessary for the need...