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Companys Act


A foreign company registered outside Kenya wishing to do business in Kenya may either register a branch office or a subsidiary in Kenya. A subsidiary is considered a local company with compliance requ
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Tax Policy


Kenyans have until 5pm Monday to submit their views in writing on the Value added Tax (Amendment of the Rate of Tax) Order, 2020, to the National Assembly Clerk. The 2020 Tax Laws (Amendment) Bill,
Daily Nation - April 2020-96

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Litigation


Around 2016/2017, the Kenya Revenue Authority (KRA) purportedly unearthed a fraudulent “missing traders scheme”, under which it is claimed that a number of businesses had been established to gener
Business Daily-95

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Covid19


Almost half a million companies in Germany have sent their staff on short-term working schemes — known as "Kurzarbeit" — to trim their payroll costs with immediate effect. Never before
CNBC-94

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Tax Policy


National Assembly Speaker Justin Muturi is expected to gazette special sittings of the National Assembly on April 8 to consider economic stimulus interventions that President Uhuru Kenyatta announced
Daily Nation - 31 Mar 2020-93

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Covid19


The Treasury is preparing undisclosed tax relief to traders and homes under a fresh bailout for coronavirus-hit businesses that will also allow personal borrowers who get into difficulties to extend t
Business Daily-92

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Tax Policy


What is sin tax? Sin tax is levied to discourage people from consuming goods or services such as tobacco and alcohol that are harmful to society. It serves two purposes: i) Make the specific goo
tb team-91

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Tax Administration


Betting fans and football enthusiasts have not only been mourning but also engaged in all kinds of crazy antics. This following the move by betting companies to levy 20 percent tax on their money, eve
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Tax Policy


Kenya’s Excise Duty is more than 400 per cent higher than Tanzania’s and more than 300per cent higher than that in Uganda. The National Treasury has been urged to seriously reconsider its appro
The Star-89

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Litigation


The Kenya Revenue Authority (KRA) Monday said it has lodged an appeal against a ruling by the Tax Appeals Tribunal that a punter’s betting stake cannot be charged 20 percent tax on winnings. The
Business Daily-88

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Litigation


What started out as a Sh1.1 billion tax demand on November 29, 2006 has now grown nearly tenfold and threatens to ground Kenya’s largest indigenous brewery. Keroche’s fate now lies with the cou
Daily Nation-87

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International Tax


WASHINGTON -- President Donald Trump announced Wednesday night that he will instruct the Treasury Department to allow individuals and businesses negatively affected by the coronavirus to defer their t
ABC News-86

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Tax Fraud


If you import a car today in Kenya, you are likely to pay an amount equal to the purchase price or more as taxes to the Kenya Revenue Authority (KRA), thanks to the exorbitant tax regime. For insta
Kahawa Tungu-85

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Litigation


The Kenya Revenue Authority (KRA) is set to collect over Sh9 billion from Keroche Breweries after winning six appeal cases filed by the firm. In the three appeals before Tax Appeals Tribunal, the c
Standard-84

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Other


How to account for VAT if you make supplies to your customers, and you pay certain costs that you pass on when you invoice them. Overview When you make payments on behalf of your customers, for
tb Research-83

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Tax Policy


Traders operating small and mid-sized businesses will from today start paying a three percent tax on their sales to the Kenya Revenue Authority (KRA) following the re-introduction of the levy, which l
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