Tax Law Advisory
An Overview Of Tax Reliefs Accessible To Registered Family Trusts In Kenya
Family trusts in Kenya have become a crucial tool in estate and succession planning. Some of the advantages that family trusts offer include: ...
Tax Law Advisory
Legal Alert: Expanded Kra Tax Powers Over Non-residents Under Finance Act, 2025
The Finance Act, 2025, significantly amends Section 42 of the Tax Procedures Act (“the TPA”) by expanding the Kenya Revenue Authority’s (“the KRA”) powers to issue agency notices to non-resi...
Tax Law Advisory
Receiver Manager Mumias Sugar Company Limited V Commissioner Of Legal Service And Board Coordination- A Receiver Manager, Once Appointed Has A Legal Duty To Ensure Tax Compliance.
The Appellant, the Receiver Manager of Mumias Sugar Company Limited, was appointed on 20th September 2019 to oversee the affairs of the company, which had accumulated tax obligations including VAT, In...
Tax Law Advisory
Kb Cottages Nairobi Limited V Commissioner Of Domestic Taxes (tax Appeal E1072 Of 2024)
This case centered on Section 15(7)(a) and (b) of the Income Tax Act, which requires income from specified sources such as rent, employment, or agriculture to be computed separately. Losses from one ...
Tax Law Advisory
Transferring Property Into And Out Of Family Trusts: Will You Pay Tax?
Family trusts have become an increasingly popular tool in estate planning, especially in Kenya. A family trust allows the settlor (the person creating the trust) to transfer property (both movable and...
Tax Law Advisory
Navigating Tax Refunds In Kenya: Insights From Standard Chartered Bank's Appeal
The utilisation of overpaid tax or tax credit to offset any outstanding tax liability constitutes a refund of the overpaid tax. To do so, the procedure outlined under Section 47 of the Tax Procedures ...
Tax Law Advisory
Pitfalls To Avoid When Lodging An Objection To Kra's Tax Assessments: Taxpayer Losses Appeal Worth Kes 525 Million Due To The Failure To Lodge A Valid Objection As Stipulated Under Section 51 (3) Of The Tpa.
Section 51 (3) of the Tax Procedures Act (TPA) provides that: - A Notice of Objection shall be treated as validly lodged by a taxpayer under subsection (2) if—...
Tax Law Advisory
How Capital Gains Tax Applies To Your Inheritance
Where a beneficiary sells inherited property to an independent third party, the gain on the sale will be calculated as the transfer value (sale price) less the acquisition cost....
Tax Law Advisory
Exemption From Taxation Or The Entitlement To Privileges And Immunities As Specified In The Privileges Act Is Not Guaranteed For Employees Of Diplomatic Organizations: Un Employees Found Liable To Pay Income Tax.
The Privileges and Immunities Act CAP 179 of Kenya’s Laws provides for exemption from taxes to certain organizations or persons. Section 18 (b) Article V of the Convention on the Privileges and Immu...
