Skip to content

Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy

  • Top 10 News
  • 1 min read

Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The investigation centers on alleged underreporting of taxable income, potentially leading to significant tax evasion charges. BAT Kenya, a subsidiary of the global tobacco company British American Tobacco, is a major player in Kenya’s tobacco industry. The outcome of this investigation could have substantial implications for the company’s operations in Kenya and may prompt broader scrutiny of tax compliance within the industry.

Source: Daily Maverick

Subscribe

Stay informed and ahead of the game with our curated collection of the top 10 stories from Africa each day, Monday, Tuesday, Wednesday, and Thursday. On Fridays, gear up for the business world as we bring you the 10 most relevant and game-changing business stories. And on Sundays, prepare to be whisked away on a delightful journey through Africa’s vibrant lifestyle and travel scenes.