A closer look at debt transactions in practice

Pevita Lena

Financial transactions have been a growing area of focus for tax authorities. In landmark cases over the last 15 years, tax authorities have challenged the intra-group financing arrangements of taxpayers on the basis of pricing and characterisation and have made arguments regarding credit ratings and passive association, cash pooling, realistic […]

East Africa Seeks $16 Billion of Debt to Spur Economies

Pevita Lena

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. East Africa’s largest economies plan to borrow at least $16 billion to fund an economic revival, while striving to ease their debt burdens after the coronavirus pandemic battered governments’ revenue. Finance ministers in Kenya, Uganda and Tanzania will […]