@88BOSZ88@marlowxbt A student once asked their math teacher... well... algebra and calculus are all fancy and complex, where will I applu them in real life. The teacher responded. You probably never will, but the smart ones here will. That explains ypur chart
What happens when you inherit land from your parents?
- Will KRA tax it?
The answer is NO.
Why?
- Because there is no Capital Gains Tax on inheritance in Kenya.
- Inheritance is not a sale.
- It is a transfer by operation of law.
So if KRA sends a tax demand after the transfer,
Do not panic.
After transfer at the land registry,
KRA’s system will fetch that data.
When it finds no corresponding CGT return, a demand letter will be sent to the transferor.
But why demand for tax from inheritance?
- KRA does not know it was inheritance. They can only see property changed hands at land registry's system.
And when property changes hands, KRA normally looks for its share.
What do you need to do?
Respond clearly:
- The property was inherited.
- It was not sold.
- There was no consideration paid.
- Attach the Grant of Letters of Administration or Confirmation of Grant.
Once KRA establishes it was an inheritance,
The tax demand is withdrawn immediately.
Not every transfer is taxable.
Enjoy your inheritance.
Have received such a demand before from KRA? How did it go?
You always tweet like you're beautiful.
I'd rate you 1.5, 1 ni juu unapumua 0.5 ni juu uko na shimo.
Otherwise, wewe nakuchukulia kama miwa, unaeza vunjika kwa any joint.
@HonAdenDuale This applies perfectly well to you. People are dying of illnesses and YOU ARE STEALING MONEY meant for them. Like Jeff told you the other dau, YOU SHOULD BE IN JAIL
It is now a proven fact, that Chinese female soldiers are stronger, faster, and more accurate than Indian male tier-1 special forces soldiers.
1000 female soldiers of the PLA is enough to conquer India.
First closeup view of China's J-20S.
It is the world's first 5.5 gen fighter, the 2nd pilot at the back is tasked with commanding unmanned wingmen drones.
If you look closely at the details of the J-20S, you cannot see any seams or rivets or screws. The entire surface looks extremely smooth, giving even more superior stealth characteristics.
@KhalifKairo Kairo... outside of military. Study chinese shipbuilding industry, before, early 2000s and now. And how well that has translated into today. You are an expert in vehicles and the likes.. what have you learnt
@KhalifKairo If Kairo needed licences from other countries to sell their vehicles or alternatively develop better ones tuned to his local experience .. we would never have known wjat a great vehicle salesman he is... The west gate keep things because they know their industries depend on them
@KhalifKairo You forget the simple chinese philosophy of, Find out what works well...buy a few copies.. use and then start replacing with better chinese versions...
An all-female Chinese SWAT team defeated an all-male Indian team at the competition in the UAE.
🇨🇳All-female Chinese SWAT: 2 min 08 sec.
🇮🇳All-male Indian team: 2 min 31 sec.
This is the all-female Chinese SWAT police team, who defeated the all-male Indian NSG (National Security Guard) SWAT team in the UAE SWAT Challenge.
NSG is India's tier-1 special force unit.