East Africa: Regional States to Crack Whip On Multinationals

30 November 2017

Kampala — Revenue authorities in the East African Community (EAC) have agreed to strengthen international tax units to address incessant tax leakages perpetuated by expanding operations of multinational companies (MNCs) in the region.

Gearing up against tax leakages and aggressive tax planning amongst big businesses in the region, as advised by tax investigations units, the commissioners general have agreed to exchange information to keep track of activities by MNCs and hold them accountable for the taxes they are supposed to pay.

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