Whether serving public sector organisations, owner managed businesses, private individuals or listed companies with overseas operations, our goal is to help our clients achieve their ambitions.
Whether serving public sector organisations, owner managed businesses, private individuals or listed companies with overseas operations, our goal is to help our clients achieve their ambitions.
Over the recent years, political environments especially during election years have proven to contribute immensely on tax policy volatility. During such times, most political incumbents use the economic policy instruments (fiscal and/or monetary...
In the recent past, financial markets have seen the adoption of new technologies and products that have changed investment and payment practices. One of the most recent developments is cryptography, which has led to the creation of Crypto-Assets, an...
The 2022/23 Kenya Budget was presented to the Parliament on 7th April 2022. Find below the link to download the RSM Kenya Budget 2022/23 Newsletter
Download Here: RSM Kenya Budget 2022/23 Newsletter
Background
In a bid to seal leakages in tax collection, the Cabinet Secretary for National Treasury and Planning issued Legal Notice No. 189 dated 25th September 2020 on Regulations of electronic tax registers.
Revenue authorities in East Africa are increasingly focusing on receipt of intercompany services by taxpayers from their related parties. From a transfer pricing (TP) perspective, the amount paid by the local taxpayer for intercompany services...
The High Court of Kenya recently delivered its; Judgement that has now given clarity on the considerations of an export of service through the determination of the Tax Appeal No E84 of 2020: Commissioner of Domestic Taxes v W. E. C. Lines (K)...
January is one of the busiest months for accountants as Companies aim to close out the previous financial period. There are various year end procedures necessary to be carried out before preparing the Financial Statements. The goal of this is to...