Nick Wainaina

Lawyer.
Certified Public Accountant.

[Julians Amboko @AmbokoJH]

The National Assembly has endorsed the dropping of the proposal to introduce withholding tax on infrastructure bonds.

Also, family trusts to retain tax exemption on transfer of assets as well as exemption from Capital Gains Tax.

[Julians Amboko @AmbokoJH]

Central Bank of Kenya with a 75.0bps cut to 11.25% in its final Monetary Policy Committee meeting of 2024

[Omwanza Ombati @omwanza]

The Court of Appeal holds that magistrates (courts) have no jurisdiction to hear and determine matters in respect of adverse possession.

[Nick Wainaina @nick_wainaina]

@AmbokoJH @iMac_Hux @MwangoCapital The Bill would have made both housing levy and SHIF payments to be deductible for employees. Would've provided some relief!

[Kenneth Murerwa @kkmurerwa]

Me a few years ago as I began my first job writing PHP and Java Android.

[NAssembly KE C'tees @NACommitteeKE]

Others were Anjarwalla & Khanna LLP and Cliffe Dekker Hofmeyr (CDH).

[NAssembly KE C'tees @NACommitteeKE]

The MPs have raised alarm that a number of companies registered under the Special Economic Zones could be exploiting the lax tax preferential regime to evade tax.

[University of Nairobi Faculty of Law @UoNLawFaculty]

Today we lay to rest our dear friend, colleague and sister Catherine Mūmbi Kamau. She served @uonbi dedicatedly since 1994, clocking 29 years of wonderful public service, and fond memories to many students, lawyers & @AlumniUON that trained @UoNLawFaculty

[Nyaga Dominic @Mnyagadominic]

What a delight it is to announce my admission to pursue LL.M. (Master of Laws) studies @Harvard_Law Grateful to my family, friends & amazing mentors like @lgfranceschi and @GitobuImanyara Greatly shaped by the culture of excellence @StrathmoreLaw @TripleOKLawLLP @ThePlatform_KE

[Deloitte Kenya @DeloitteKenya]

The Finance Act, 2023 amended the Tax Procedures Act to introduce a requirement for businesses in Kenya to issue an electronic tax invoice and maintain a record of stocks in an electronic system.

Register here to learn more on this new ETIMS requirement: https://t.co/0T7WOqyUOE

[Jeffah Ombati @OmbatiJeffah]

Congratulations to @Kibeet_Brian on graduating top of @UoNLawFaculty LL.B class of 2023 with First Class Honours out of 687 students! Your hard work and dedication have truly paid off. Cheers to your well-deserved success, and great is thy faithfulness. #SiNiUoN #UoN70graduation

[waikwa @waikwawanyoike]

Yesterday, @WilliamsRuto got standing ovation at @europarl_EN for advocating, among others, a fair global financial regime

Today, all leading - nearly all - members of EU voted ag'st Africa's Group Resolution for fair global Tax regime

Solidarity is only on speeches not action!

[Martin Kimani @AmbMKimani]

This voting record on an Africa-sponsored resolution on international tax cooperation is the clearest Global North vs Global South vote I have seen in recent times

[Martin Kimani @AmbMKimani]

Try and remember. Between you and the events happening in Gaza and Israel, not to mention Haiti, the Sahel and Ukraine, there’s a social media algorithm, built to maximize engagement for commercial gain, not to maximize fact finding.

[Deloitte Kenya @DeloitteKenya]

Our Tax team met with the @KenyaBankers members today for a half-day engagement. The #FinanceAct2023 was reviewed at the KBA-organized session, with a specific emphasis on the parts that affect the banking industry including recent court rulings.

#Tax #taxationofthebankingsector

[Nick Wainaina @nick_wainaina]

Interesting interview and report by @TaxJusticeNet regarding tax reforms on the global stage in the last 10 years, and for the future.

https://t.co/ba5IfpM0wh
https://t.co/IqMsOnFYPG

[Nick Wainaina @nick_wainaina]

Honoured to lend our thoughts on the proposal to require 20% of the tax in dispute/equivalent security before appeals at the High Court.

[The Standard Digital @StandardKenya]

OPINION: How 'pay-to-play' proposal will deny taxpayers access to justice at appeal

https://t.co/9tRb8M9k4d

[Deloitte Kenya @DeloitteKenya]

The Finance Act, 2022 (“FA 2022”) amended the Income Tax Act (“ITA”). This #TaxAlert provides a detailed analysis of this. Read more here: https://t.co/5NlnWHoqfV

[Julians Amboko @AmbokoJH]

Death knell to Minimum Tax:

Court of appeal deals a blow to Kenya Revenue Authority, throws out appeal challenging Justice Odunga's September 2021 ruling which suspended Minimum Tax. Minimum tax sought to tax even loss making companies at 1.0% of gross turnover

[Nick Wainaina @nick_wainaina]

Very interesting

[Judiciary Uganda @JudiciaryUG]

📌LEGAL ALERT 📌 The Court of Appeal presided over by Justices Elizabeth Musoke, Muzamiru Kibeedi and Christopher Gashirabake, has today made pronouncements with consequences on the rights of married persons & matrimonial properties when they divorce.