Kenya, Tanzania enable multinationals evade taxes
The East African Tuesday March 16 2021 Illicit financial flows cost African countries around $50 billion per year, dwarfing annual official development assistance the continent receives. PHOTO | FILE Summary Illicit financial flows cost African countries around $50 billion per year, dwarfing annual official development assistance the continent receives. Kenya is responsible for 0.1 percent of the world’s corporate tax abuse with a Corporate Tax Haven Index of 0.14 percent, haven score of 50 percent and Global Scale weight of 0.013 percent. Tanzania is also responsible for 0.1 percent of the...
Source: theeastafrican.co.ke