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The CFOO Centre and the preparation of applicable TP documentation The Revenue Authorities in all East African countries have started to conduct transfer pricing (TP) audits and in East Africa, the tax authorities have issued assessments of more than USD 75 million. It is anticipated that TP will be the focus of all revenue authorities in East Africa in 2018 and beyond. TP rules apply to cross border transactions and even though the TP rules do not make it an express statutory requirement for taxpayers to complete supporting transfer pricing documentation, in Kenya Rule 9 (1) gives the Commissioner of […]

Almost 85% of the CEO’s we have met admitted to us that they felt lonely. Even though great and effective CEO’s surround themselves with good people and have built strong relationships, they still do feel isolated. Yet this still remains an out-of-bounds subject. Whether your organisation is a small, a mid-sized or large one, being the boss can be an isolating experience. The job comes with lots of stress and lots of responsibilities and these more than double when times are tough. The boss always has to make real compromises between work commitments and family activities. The boss may not […]