Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy
Kenya’s tax authorities are investigating the $28 million tax difference in Kenya’s British tobacco (Bat Kenya). The investigation centers on so-called taxable income reports and can lead to a large number of tax evasion charges. Bat Kenya is a subsidiary of British American Tobacco, a global tobacco company, and is a major player in the Kenyan tobacco industry. The results of this survey could have a significant impact on the company’s operations in Kenya and could prompt a broader review of tax compliance within the industry.
source: Daily Mavericks
