Transfer Pricing Rules, 2023
On 4th September 2023, the Kenya Revenue Authority and on behalf of the Cabinet Secretary, National Treasury and Economic Planning, proposed a revision of the current Transfer Pricing (TP) Rules, 2006. The new draft TP rules signify a comprehensive update that reflects the evolving global transfer pricing landscape.
The proposed update comes after a considerable gap in an effort to incorporate various transfer pricing provisions introduced through various Finance Act’s over the past few years.
We recommend you to have a thorough review of the draft regulations and how this may impact your business.
Our team is ready to assist you in navigating and providing insights to ensure compliance should the proposed guidelines be adopted.
Click on the link below to download the pdf with the draft regulations.