Evaluate,using case law,the importance of double taxation agreements for developing countries

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Tax treaty for payment of consultation fees to foreigners paid by Kenyan company

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How do we calculate Withholding Tax for a consultant who has charged us A VAT INCLUSIVE AMOUNT of Ksh 580,000. Please guide us. We are a local NGO.

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Explain the following terms as used in the VAT Act 476 laws of Kenya.
i. Amended assessment
ii. Withholding VAT

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Main items that are considered when conducting valuation of excusable goods

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The tribunal noted that Section 44 (1) of the VAT Act requires that the VAT return in respect of each tax period should be filed by a registered taxpayer not later than the twentieth day after the end of that period unless a taxpayer has sought and obtained an approval by the Commissioner for extension of time under Section 44 (2) (repealed by Finance Act, 2018).

“It would follow that where a taxpayer has filed its VAT returns late, then input VAT will only be allowed for deductibility to the extent that it is within six months at the time of filing the return. The six -month period limit would only cease to apply where the taxpayer had sought and obtained the Commoner’s approval to submit a late return,” it ruled.

According to the tribunal, the wording of Section 17(2) is clear and unambiguous and cannot be interpreted to have any other meaning.

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balancing charge and trade receits

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Juakali Ltd is a limited liability company registered in Kenya and is the business of selling spare parts in Kirinyaga Road within Nairobi County. He was issued with a pre- assessment of Kshs.2,000,000.00 after variances were noted between the declared sales in the VAT3 and Income Tax returns and the audited accounts for the period January to December 2017. The financial statements of the taxpayer for the period prior to 2017 was Kshs.6,365,102.00.Th
e additional assessments were issued and the Taxpayer objected to the same and an objection decision was thereafter issued by the Authority.
The Taxpayer filed a case at the Tribunal and argued that they were not eligible to register for VAT in 2017 since their turnover was below 5Million. The Authority argued that the Taxpayers Income tax returns filed by the Taxpayer for the year of income ended December 2017 indicated an income of Kshs.5,054,596.00 hence the justification to proceed and charge VAT.
a) Was the Authority justified in its decision? Explain.
b) What would be KRA justification in this case?
c) Write a detailed Judgement from the above facts on how the Tax Appeal's Tribunal is
likely to rule in the above tax dispute

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What is the best depreciation shedule for assets in Kenya.

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Does one pay Output tax on motor vehicle sales on top of VAT & Duty already paid during import?

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Transaction that a company can enter with an aim for tax evasion

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Transaction that a company can enter with an aim for tax evasion

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Transaction which a company can enter into and is considered that the only reason it did so was to be unable to satisfy a current or future tax

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Outline the contrast between default assessment and advance assessment in the Tax assessments section 29 and section 30

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Contrast between default assessment and advance assessment in kenya

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Contrast between default assessment and advance assessment

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Goods and services that are exempt from VAT

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Instances a supply is Deemed under vat act

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Why is sin tax is levied to mitigate the effects of the consumption of excisable products

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Excise has been referred to as"sin tax"and is levied to mitigate effects of the consumption of excisable products.Discuss.

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Excise has been referred to as"sin tax"and is levied to mitigate effects of the consumption of excisable products.Discuss.

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Excise has been referred to as"sin tax"and is levied to mitigate effects of the consumption of excisable products.Discuss.

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when calculating tax on gratuity which years tax rate do you use?

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A SACCO has the following sources of Income.
1. Interest income from the SACCO's own BOSA operations.
2. Dividend income from an insurance company and a listed Commercial Bank.
How are we supposed to treat the above income when computing Income Tax for the SACCO?

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Describe tax incentives available for a mining company in

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