The Tax Man UK’s Post

#Conference | Emil Brincker, Practice Head and Director, Jerome Brink, Director, and Alex Kanyi Kenya Partner, in the Tax & Exchange Control practice are attending The 76th Congress of the International Fiscal Association (IFA) at the Cape Town International Convention Centre from 27-31 October. IFA’s annual congresses provide a unique opportunity to bring together leading tax experts from corporations, governments, academia, and advisors, to discuss and debate international tax topics of current major interest and importance. Click here to read more about IFA - https://bit.ly/4hl6563 #IFA #TaxExperts #InternationalTax #CDHAttendance #Taxation #TaxIssues

Seeing the Commissioner's statement on "withholding tax arising in relation to transfer pricing adjustment" made me wonder whether I was missing something...... as this issue hasn't stemmed from any recent changes in NZ transfer pricing law, which has been around for almost three decades now. What perhaps is a moving target is the arm's length price which is dependent on specific facts and circumstances and getting that wrong leads to transfer pricing adjustment. What makes Inland Revenue's work easier is when the taxpayer has insufficient transfer pricing records (transfer pricing and related documentation). It is clear Inland Revenue is conducting transfer pricing audits and the statement emphasises that it will pursue not only income tax on the transfer pricing adjustment but also the withholding tax (on deemed dividends arising as result of transfer pricing adjustments). https://lnkd.in/gJxdGxum

With over 7 million registered businesses in the country, understanding tax implications is crucial for success. Join us on March 7th for a webinar on "Tax Implications for Different Business Entities in Kenya," hosted by CM SME Club. This is your chance to gain invaluable insights into navigating tax obligations effectively. Don't miss out! Register to secure your spot here: https://lnkd.in/dXk5uhHp #TaxImplications #KenyaBusiness #Webinar #CMSMEClub 📝🔍

Building our first product at Get In Expat made me learn the 𝑐𝑢𝑠𝑡𝑜𝑚𝑒𝑟 𝑝𝑎𝑖𝑛 principle Here are 7 questions you should ask your target client to see if your business idea resolves a pain: 𝐿𝑒𝑡'𝑠 𝑡𝑎𝑘𝑒 𝑡ℎ𝑒 "𝑡𝑎𝑥 𝑟𝑒𝑡𝑢𝑟𝑛" 𝑒𝑥𝑎𝑚𝑝𝑙𝑒 1- Do you enjoy filling out your annual tax return? 2- Does it take up too much of your time? 3- Do you put it off at least once? 4- Do you file your taxes all at once? 5- Do you ask a friend or family member for help? 6- Would you rather ask someone to do it for you? 7- Are you willing to pay someone to do it for you? The more YES answers you get to these questions, the closer you are to solving a painful problem for your customer. PS: try our Kindergeld tool, the 1st Get In Expat product. In 15 minutes your application is ready to be sent: https://lnkd.in/dk_afUBz

The Public Benefits Organizations (PBO) Act, 2013, came into effect on 14 May 2024 following its gazettement. The PBO Act establishes a robust administrative and regulatory framework within which PBOs can thrive in Kenya. Register now for the #DeloitteAcademyEA webinar scheduled next week, 28 November 2024, where we will share insights on the key provisions of the PBO Act and provide an overview of the registration process for non-registered entities. We will also delve into the key provisions of the Income Tax Act and the rules governing the issuance of tax exemption certificates. To register and for more information, click here: https://deloi.tt/4fViR9M.

Our Senior Associate, Agbada S. Agbada will be speaking at the upcoming October edition of the Tax Webinar Series titled "The Future of Taxation: Trends and Reforms," hosted by the Association of Nigeria Taxation Students (ANTAS). Scheduled for Thursday, 24 October 2024, at 7 PM, the webinar will explore emerging trends shaping the tax landscape in Nigeria and discuss ongoing reforms and their potential implications on businesses and the economy. #AlukoandOyebode #Taxation #NigeriaTax #EmergingTrends #BusinessAndEconomy #TaxWebinar #FutureOfTaxation #TaxStudents #ANTAS #TaxProfessionals #TaxLaw #FiscalPolicy #oneALN

Effective Tax Planning and Management for SACCOs! Join us at our upcoming SACCOs event in Pride Inn Hotel Mombasa August 26th to 30th, 2024, where our Managing Partner and Head of Tax Peter Mwanja will delve into the latest tax changes and strategies crucial for SACCOs. What You’ll Gain: Insights into recent tax changes impacting SACCOs. Practical tax planning tips to optimize your finances. Best practices for effective tax management and compliance. Detailed overview of Kenya’s tax laws and regulations for SACCOs. #SACCOs #TaxPlanning #FinancialSuccess #Event #RonaldsAfrica #Compliance #TaxManagement #Kenya #BusinessGrowth

From the proposed United Nations (UN) Framework Convention on International Tax Cooperation, the proposed amendments to the UN Model Double Taxation Convention, and the implementation of Pillar Two of the OECD Two-Pillar Solution to the ongoing tax reforms in Nigeria, the international tax framework and the Nigerian tax system are presently undergoing significant changes aimed at properly aligning tax rules with today's business practices and models. Please join me at 7pm today as I discuss some of these trends and reforms, and their potential implications for businesses at the October edition of the Association of Nigerian Taxation Students' webinar. You can join the session with the link below: https://lnkd.in/dreBJ8JN #taxreforms #internationaltaxation #taxrules #nigeriantaxsystem

The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has reassured Nigerians that the proposed tax reform bills currently under consideration in the National Assembly will not threaten the roles or revenues of government revenue-generating agencies. Adedeji addressed these concerns during a meeting held at the FIRS headquarters in Abuja, where he met with the heads of other key government agencies including the National Agency for Science and Engineering Infrastructure, the National Information Technology Development Agency, and the Tertiary Education Trust Fund. https://lnkd.in/dH2eeeMj #TaxReform #FIRS #NigeriaEconomy #taxpolicy

Partnering for progress: Blyce and the KRA are working together to build a more transparent and efficient tax system in Kenya. Together they will start driving economic growth and creating a better future for all. #taxadministration #Kenya #Blyce #KRA https://lnkd.in/edPekZye