Kenya to lend its tax expertise to Botswana after historic deal
The Kenya Revenue Authority headquarters at Times Towers in Nairobi. PHOTO | FILE
What you need to know:
Nairobi and Gaborone on Thursday agreed to cooperation that marks the first South-South pact.
In the plan, experts from KRA will provide technical assistance on audits of multinational enterprises to their counterparts in the Botswana Unified Revenue Service.
KRA will deploy qualified tax experts to Botswana to provide assistance with ongoing audits of multinational companies.
The Kenya Revenue Authority has signed an international memorandum of understanding on tax collaboration with Botswana, to provide administration assistance from next year.
Tax officials from Kenya and Botswana on Thursday agreed to the assistance project that marks the first South-South cooperation pact under the Tax Inspectors Without Borders programme (TIWB).