00896nam a22001337a 4500 Charles Abugre TNCs, transfer pricing and tax avoidance Kenya: Pambazuka news, 2011. 4p Charles Abugre in Part 3 of a four-part series on the flow of ‘dirty money’ explains how individuals/companies inflate financial obligations between subsidiaries of companies as a means of stripping off the capital of a subsidiary located in a high tax jurisdiction and transferring the capital through inflated interest payment to a low tax jurisdiction. He also looks at how it was calculated that US$1.8 trillion dollars illicitly left Africa between 2000 and 2008. Transnational companies Transfer Pricing, Taxes, Mispricing, http://iffoadatabase.trustafrica.org/iff/tncs_transfer_pricing_and_tax_avoidance.docx CF 274 274