Thursday, September 21, 2023

Kenya Cracks Down on Under Invoiced Goods from China

 Kenya's Business Daily published on 20 September 2023 an article titled "Kenya Targets Chinese Imports in New Tax Evasion Crackdown" by Dominic Omondi.

Kenya imports most of its finished goods from China.  The government has concluded that the value of most of these products, especially electronics such as mobile phones and computers, have not been accurately priced, leading to huge tax losses.  The government will begin working with tax authorities to determine the true value of "high-risk imports from China."