The Kenyan government provides a range of tax incentives in an effort to encourage investments in certain projects however, this article restrains itself to focus on the tax incentives merited to non-profit organizations. ...
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The Kenyan government provides a range of tax incentives in an effort to encourage investments in certain projects however, this article restrains itself to focus on the tax incentives merited to non-profit organizations. ...
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Digital Service Tax ( DST) is a tax that is payable on income derived or accrued in Kenya from services offered through the internet or any electronic network, application or website. A digital marketplace is defined as a digital platform that creates a venue for both purchasers and sellers to transact over a product or a service. It matches potential buyers of a service or a product with providers of that service or product. ...
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[vc_row triangle_shape="no"][vc_column][vc_column_text]The High court Vide a ruling dated 16th September 2022 in the matter of REPUBLIC VS COMMISSIONER OF DOMESTIC TAXES EX PARTE LONDON DISTILLERS (K) LIMITED, 2022, determined that Treasury or in this case the Ministry of Finance has no legal right to approve abandonment of taxes without prior recommendation from the Commissioner. In this Alert we discuss the salient arguments by the parties to the dispute and our view on the ruling. Brief facts London Distillers Ltd.’s Case (Ex parte Applicant) In a letter dated 15th September 2021, London Distillers applied to the Cabinet Secretary for National Treasury and Planning for the...
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Kindly note that in a bid to expand its tax base, the Kenya Revenue Authority (KRA) Commissioner for Domestic Taxes shall undertake a data collection exercise on rental properties with Nairobi City Council and the Nairobi Metropolis from Wednesday 19th October 2022....
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As their name suggests, charities and not- for- profit organizations (NPOs) are established for charitable objects or research in areas of altruistic value to the society such as relief of the poverty or distress of the public, or for the advancement of religion, health or education among others....
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Recent months have seen a sustained increase of instances whereby both companies and their respective directors have been charged with tax offences before various courts....
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The Kenya Revenue Authority (KRA) recently launched its 8th Corporate Tax Plan with key focus being the implementation of the Tax Base Expansion strategy which seeks to recruit new taxpayers....
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Landlords in Kenya are required to account for tax on rental income either on monthly basis or annually depending on the nature of the rental income received....
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The High Court of Kenya issued a ruling on 19th April 2021 granting conservatory orders restraining the Kenya Revenue Authority (KRA) from implementing and enforcing the minimum tax provisions pending the determination of a petition challenging the constitutionality of the minimum tax provisions, that is, Section 12D of the Income Tax Act (ITA)....
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