Is Tax avoidance Legal?
Layman’s definition of tax avoidance is reducing a tax payer’s liability without breaking the law. This is the most likely definition availed by search engines over the internet, you can try. Thus tax avoidance sounds legal, in fact the rig …
Recovery of Loot; Invoking Taxation Powers in The Fight Against Corruption in Kenya
While some level of graft exists in every country, Kenya’s case is major problem of Global concern. Corruption has deeply entrenched itself in the moral fabric of the society. According to Wrong (2014) “everyone in Kenya is corrupt includin …
Transfer Pricing in Kenya- Understanding the basics
How transfer pricing works – Head Office, parent company, Divisions, branches or subsidiaries of a firm trading amongst themselves will invariably set the prices at which goods and services will be exchanged. The prices need not be the same …
Level Playing ground for is key for effective tax administration
The principle of equity is at the heart of public finance in any nation. In Kenya, equity in public finance is so important that it is enshrined in Chapter 12 of the constitution. As provided in article 201 (b) of the constitution, equity …
Boosting tax Morale
The COVID-19 pandemic opens the opportunity to keep debating on whether to increase taxes again or to reduce them further. Dwelling so much on this topic will constraint our thoughts in the same box while not focusing on the real issue of …
Like soldiers, taxpayers critical in fighting Covid-19
History tells us that every major war has triggered increased tax rates. Citizens through their commander-in-chief have to endorse the war. In so doing, they are voluntarily asking for higher taxes. If COVID-19 be a war to be fought, then…
Taxing The digital economy Headache in Kenya
Modern day technology is a double edged sword to tax administrators. On the positive side we see digital technology as an enabler. With technology, it has become easier for tax payers to file tax returns, tax information is much more access …
Formalizing the informal sector in Kenya
Micro, Small and Medium Enterprises or the hustlers’ nation as they call, it is a blessing to our generation but needs to be nurtured to the next level. The first step is formalizing the informal sector. Introduction of a tax that ensures …
Digital services tax- best tool to harness revenues from the robust digital marketplace
Adaptation to new trends for businesses can only mean one thing for tax administrations: implementation of tax administration measures that best suit the digital economy environment. Taxation of transactions taking place over the digital….
Voluntary tax disclosure program
For decades, if not since independence we have been battling perennial budget deficits and counter measures year in year out to overturn the situation. It would have been the case this fiscal year but the COVID-19 disruption threw the fisca….