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17 Feb 2023
17th February 2023 County Round Up
KISII The Governor of Kisii County has extended the time of the Committee on Pending Bills Verification and Ineligible (Pending Bills) Resolution established vide Gazette Notice No. 14024 of 20...
17 Feb 2023
17th February 2023 Kenya Gazette
Legislative Supplements, 2022 ● The Income Tax (Financial Derivatives) Regulations, 2023 ● The Competition Act—Exclusion ● The Tax Procedures (Common Reporting Standards) Regulations, 2023 ●...
17 Feb 2023
An overview of the Tax Procedures Act (No. 29 Of 2015) (Common Reporting Standards) Regulations, 2023
The Tax Procedures (Common Reporting Standards) Regulations, 2023 took effect on January 1, 2023. The Regulations are significant steps towards the global movement to increase tax transparency due to ...
10 Feb 2023
Starlink prepares ground to enter Kenyan market
SpaceX is aggressively growing Starlink internet satellite coverage throughout the globe. It provides a worldwide broadband network leveraging a low-earth orbit constellation to give high-speed broadb...
3 Feb 2023
Cause of delay to broaden revenue base via minimum tax
Section 12D of the Income Tax Act was introduced via the Finance Act of 2020 which sought to impose a minimum tax of 1% on gross turnover. The tax rate was introduced to ensure that everyone, regardle...
13 Jan 2023
Digitisation of government services: The journey continues
The government’s aim to transition at least 90% of government services online seems closer than ever. 5,000 services are set to be digitised within the next six months. To this end, 300 services hav...
16 Dec 2022
Small businesses and the digital economy: Addressing challenges to bridge the gap
The Center for International Private Enterprise (CIPE) released a policy brief on micro and small enterprises’ participation in Kenya’s digital economy. It explored challenges that MSEs face in th...
9 Dec 2022
Taxing the digital economy: Indepth look at DST, loopholes and how to get it right
The global economy has gone digital. This has increased the issue of tax avoidance and tax equity and sparked an increase in digital taxes worldwide, therefore increasing the number of challenges to t...
2 Dec 2022
2nd December 2022: County Round Up
BUSIA The Governor has gazetted the names of members of the County Executive Committee, County Secretary and the County Attorney to be responsible for the matters specified in the second column of the...
25 Nov 2022
The tragedy of collapsed buildings: Where we are getting it wrong and the antidote
In the past two weeks, at least four apartments have collapsed in the counties of Kiambu and Nairobi, claiming lives and damaging property worth millions of shillings. The World Bank estimates that Ke...
18 Nov 2022
Banks to use Treasury bonds as loan collateral
As part of measures aimed at increasing industry liquidity and relieving the Central Bank of Kenya (CBK) from frequently having to bail out cash-strapped institutions, banks will soon be able to borro...
11 Nov 2022
President Ruto bags a host of trade and energy deals
As Kenya spearheads efforts for the continent to join the African Continental Free Trade Area (AfCTFA), President William Ruto’s government has established the tone for economic diplomacy on the...
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