The Finance Act, 2023 (the Act) was signed into law by the President on 26 June 2023. Unless specifically mentioned, the changes highlighted in this Tax Alert were meant to take effect on 1 July 2023. However, on 30 June 2023, the High Court of Kenya iss
aOath (California): 誓言 (加利福尼亚):[translate] aStandalone 独立[translate] aAs per Kenya law, kindly confirm whether raising Tax invoice is compulsory for tax reimbursement? 根据肯尼亚法律,亲切地证实培养税发货票是否是必修获得税退款?[translate]...
This research paper seeks to explore the effect of devolution of government on the tax law regime in Kenya and particularly at the manner in which the power to raise revenue by way of taxes is to be exercised as between the governments upon devolution in 2013....
Mobility Tax VAT, GST and Sales Tax Indirect Tax Customs and excise taxes Mandatory Disclosure Rules BEPS 2.0 Immigration Individual Taxation Jurisdiction All jurisdictions Filter by jurisdictions 9 Jan 2025Corporate TaxIndia,Kenya Italy approves 2025 Italian Budget Law and other relevant legislation enac...
Section 57 (a) the Interpretation and General Provisions Act ("IGPA"), Cap 2 Laws of Kenya provides as follows: "In computing time for the purposes of a written law, unless the contrary intention appears - (a) a period of days from the happening of an event or the doing of an act...
This Tax Alert provides an in-depth analysis of the proposed amendments in the Tax Laws (Amendment) Bill, 2024, and the Tax Procedures (Amendment) (No. 2) Bill, 2024 (the “Bills”), presented to Kenya's National Assembly on 4 November 2024. These Bills aim to revise various tax laws...
The regulations have allowed financial institutions to utilise the due diligence information that has been collected pursuant to AML/KYC Procedures. Financial institutions in Kenya can also leverage on the compliance structures that they have put in place to comply with a similar ma...
Margaret J. Jonesis also Canadian citizen (decedent) case; but addressed a very different issue – re: the 5% “miscellaneous offshore penalty” she paid that is identified by the IRS’ rules they created in the “Streamlined Domestic Offshore Procedures” instructions (it is not a treaty ...
Mose Diana, based in Tanzania, is the finalist representing Kenya, Rwanda, Tanzania and Uganda. She received a bachelor’s degree in Geology and Chemistry from the University of Cape Town in South Africa. She is a tax consultant with Ernst & Young in the International Tax and Transaction Serv...
A charitable act from the government should be welcomed with open hands. Full advantage of such an act should be taken by a well-meaning taxpayer. The Tax Procedures Code (TPC) Amendment Act, 2023 was recently passed providing for an amnesty for waiver of interest and penalties. This act of...