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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Like many other countries, Kenya has transfer pricing rules designed to stem substantial tax revenue loss that may result from multinationals inaccurately accounting for profits related to cross-border transactions.
As such, one would expect the transfer pricing rules to adequately address the complexities of transfer pricing.
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