1. How to take advantage of the Voluntary Tax Disclosure Programme
2. Tax challenges arising from the Tax Laws (Amendment) Act, 2020 and the Finance Act, 2020 and how to tackle the implementation challenges
3. Overview of the implications arising from recent Tax Rulings
The Tax Laws (Amendment) Act, 2020 was assented to on 25th April 2020. All the changes below become effective on 25th April 2020. For ease of reference, additional changes in the Act, which were not proposed in the Bill have been bolded for ease of reference.
Tax Filing in Uncertain Times
The outbreak of the Coronavirus (“COVID-19”) has led to a significant impact to various economies across the globe, and the rapid transmission of the virus has resulted to governments taking drastic measures in order to reduce its transmission.
At RSM, we are passionate about making corporate Eastern Africa more transparent and dynamic. We believe the future belongs to those businesses that employ good corporate governance and embrace exponential technologies that will shape business solutions.
Withholding tax payment on accrual of expenses
The Court of Appeal in its judgement of 15th February 2019 in the case Kenya Revenue Authority v Republic (Ex-parte Fintel Limited), ruled on the issue of the tax point of withholding tax.
At RSM, we understand clients’ needs and objectives. Our tax professionals offer pragmatic solutions to clients across different jurisdictions, thereby ensuring that the tax burden is no higher than it should be.
The key services we provide include: