Initially, Transfer pricing regulation was only applicable to transactions between a resident corporate entity and a related non-resident entity operating or a resident-related entity in a preferential tax regime.
YOUR ADVISORY PARTNER FOR SOUND SACCO MANAGEMENT At Ronalds LLP we recognize the economic impact of a strong co-operative sector and the role that the Kenyan cooperative sector has played in improving the lives of its members. Our understanding of this sector coupled with our culture of offering exceptional value means that we keep developing […]
THE FINANCE ACT 2019 The President of Kenya assented to the long awaited Finance Act, 2019 from the parliament on 7th November, 2019. The Act maintained most of the provisions from the Bill. However, the National Assembly eliminated the following provisions; Increase in the Capital Gains Tax; Widening the range of services subject to Withholding Tax; […]