Did you know that you cannot deregister a Limited Liability Partnership at the moment?
The Limited Lability Partnership Act, 2011 does not have enabling provisions for deregistering a Limited Liability Partnership.
RSM ACCOUNTING SERIES: BUSINESS COMBINATION (IFRS 3)
Did you know that:
IFRS 3 only applies to transactions between entities that are not under common control wherein an acquired group of assets and liabilities meets the definition of a business.
The Court of Appeal through the determination of the CIVIL APPEAL NO. E591 OF 2021 upheld the judgment of the High Court of Kenya at Machakos on 20 September 2021 that declared minimum tax unconstitutional.
A business needs to see itself through a big mirror – Internal audit reviews
Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
Multinational Enterprise Groups (MNEs) operating in Kenya, with a combined annual turnover of 95 billion Kenya shillings (c. USD 800 million) are required to file the following for the year of income 2022 and subsequent years:
The Finance Act, 2022 (“the Act”) which was gazetted on Friday, 8th July 2022 has introduced key changes in the transfer pricing (TP) regulatory framework in Kenya which will have extensive implications for taxpayers in Kenya.