Controversy: KRA and Treasury clash over tax deals

Chinese workers during construction of the Standard Gauge Railway. Chinese firms take up the bulk of mega infrastructure projects in the country. [File, Standard]

NAIROBI, KENYA: Two State agencies have differed over the decision to offer tax incentives to foreign investors. 

A senior Kenya Revenue Authority (KRA) official said Treasury’s decision to offer foreign investors tax incentives in form of double trade agreements (DTAs) entered into with other governments was ill-advised.