Remedies to Illicit Financial Flows from Transfer Pricing of Services and Hosting Intellectual Property in Kenya

Authors

  • Charles Gordema Institute for Security Studies (Cape Town, South Africa)

DOI:

https://doi.org/10.52907/slj.v3i1.34

Keywords:

Remedies, Intellectual Property, Africa, Pricing of services, Intra-group Services

Abstract

Numerous reports in the last decade have focused on the challenges to African economies that emanate from the illicit transfers of funds and other valuable assets within some global corporations. A primary concern is the impact of these transfers on the taxable income of African subsidiaries. Two broad categories of intra-group transfers are of particular interest, partly because of the complexities they raise. One comprises transfers in payment of services exchanged among associated enterprises, while the other pertains to transfers by subsidiaries in payment of the value of intellectual assets attributed to the corporate centre of the global corporation. This article highlights the challenges raised by these transfers through case studies. It examines possible mechanisms to mitigate the challenges, drawing attention to current and impending developments. It concludes that there are good prospects for curbing illicit transfers linked to the examined types of transactions.

Downloads

Download data is not yet available.

Author Biography

Charles Gordema, Institute for Security Studies (Cape Town, South Africa)

BL (Hons) (UZ), LLB (UZ), LLM (London).

Downloads

Published

2017-08-01

How to Cite

Gordema, C. (2017). Remedies to Illicit Financial Flows from Transfer Pricing of Services and Hosting Intellectual Property in Kenya. Strathmore Law Journal, 3(1), 113–130. https://doi.org/10.52907/slj.v3i1.34