Dann Mwangi

Electrical and Electronics Engineering

[wanga.ray__ @wangarimathigh]

GenZ doctor anaambia consultant "the pain has been there for a minute" consultant anauliza "1 minute?"😂 akaambwa no 4 years😆😆tumeisha sana
Hawa millenials waelewi kitu😆

[Interesting STEM @InterestingSTEM]

What the Uterus/Womb looks like:

[WarRoom Archives @WarRoomArchives]

A Russian soldier pretending to be dead to avoid a drone strike.

[CPA Wachira Joseph @WashiraX]

KRA is not playing with Naivas.

You know Naivas. Hii tu moja.

It was a fully family owned supermarket giant.

When the time came to cash out, the owners weighed their options.

If they sold the supermarket from Kenya, they would pay insane taxes.

So they went shopping for low tax countries. And Mauritius presented itself. It was irresistible.

- 0% tax on sale of the company.

In 2015, the family registered a shell company in Mauritius. Called it NIL.
Then transferred all their shares to this company.

So Naivas was now 100% owned by a Mauritian company.

To make it even tighter, they added another layer.

They set up a second shell company. Called it GFI.
And transferred all NIL shares to GFI.

So now:
• GFI owns NIL
• NIL owns Naivas Kenya
Proper entanglement. Achana na hiyo yako.

As all this is happening, they are unaware of one dangerous sentence sitting quietly in Kenyan tax law.

It reads:

• Any company managed and controlled from Kenya is a Kenyan resident company.

Then the family went looking for a buyer.

In 2020:
• They sold 30% of the supermarket for 5.2B
• By selling 30% of NIL shares

So:
- Naivas is still owned by NIL
- But NIL now has a new shareholder

And everything happened in Mauritius quietly.
Nothing has changed hands in Kenya trigger anything.

• Deal is closed. 0 tax.

Bahati mbaya, KRA caught wind that Naivas is gone.

Immediately, KRA embarked on a fault finding mission.

In 2022, KRA discovered that:

- The family has always lived in Kenya. Not Mauritius.
- They managed and controlled every single operation of the shell companies from Kenya

They invoked the one dangerous sentence.
You remember it?

• Any company managed and controlled from Kenya, is a Kenyan resident company.

KRA said:
• These Mauritius shell companies are Kenyan
• They must pay tax in Kenya

Tax demanded: 30% of 5.2B. Plus penalties

• Total Bill: 1.8B

Naivas ran to court.

The court looked at it, and sided with KRA.

Family wakaabiwa walipe tax.

Case closed!

Lesson.

• Structure your offshore company properly.

• Or KRA will structure it for you.

[Yoko @Kibet_bull]

There’s this skater by the name Kevin who won Gold for Kenya in Benin. I’m very sure that CS for sports was not even aware of this.

He privately paid for his ticket. Cabinet secretaries are busy campaigning for Ruto.

[Daily Loud @DailyLoud]

LMAO Chess grandmaster Magnus Carlsen accepts a selfie with his opponent before reporting her for having a phone 💀

[𝗞 𝗔 𝗡 𝗚 𝗘 𝗧 𝗛 𝗘™🇰🇪 @Realkangethe]

Ukipewa mic 🎤 shine kama Huyu comrade manze🤣🤣. Kasongo amefanya hii Kenya vijana tukuwe jobless na kusema Kuna kazi majuu, na pia kusema tuoe, ni kama hajui bibi anakujanga na majukumu yanataka pesa Kila wakati 💔💔

[History Arc @HistoryArcs]

Joe Rogan discovers Hitler speeches.

[OPUK™ @ItsOpuk]

"kuamka nayo nimeamka, lakini sasa naenda wapi"

[Anime Posts @AnimeePost]

『呪術廻戦』- GOJO VS SUKUNA THE MOVIE IS SCHEDULED FOR 2029‼️

[poob 👽 @kilIthepast]

does he know he looks fucking stupid

[The Oracle. @The_oracleb9]

@pixelprayer There you go

[𝙺 𝙻 𝙰 𝚄 𝚂🧛‍♂️ @k_laus1]

Tulieni hapo nyuma kila mtu atadanganywa

[Anime Posts @animeposts]

Mom: "Can you kill that cockroack?"

The cockroach:

[AJ @mutoAJ]

Yuta: rika, give me everything
Rika:

[MrBlack™ @KE_MrBlack]

Kuna mtu alisema Kenyan tech companies will bench mark with Amazon and Microsoft but when it comes to pay they bench mark with equity bank and saccos😂😂

[Ja Loka @_fels1]

“I don’t usually ask this, but I saw this cute dress online that would look amazing for our first date, I’ll send you the link”
Men:

[𝗩𝗶𝗴𝗶𝗹𝗮𝗻𝘁𝗲 𝗩𝗮𝗻𝗴𝘂𝗮𝗿𝗱 @vinguard254]

Who made this collection? 😂