Christiano Odongo ODUOL, MKIM, MHLA

Deputy National Coordinator, 2019-2021,Humanitarian Logistics Association, Kenya, EA. Follow us @HLAnews Relief worker, Log. Opinions are mine.

[JaPrado. @Dr_AustinOmondi]

This is great news.

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

Cape Verde deserve more than that....

[Gimba Kakanda @gimbakakanda]

I had hopes for Senegal. The tragedy is, Algeria are a fluke, Ghana are unlikely to survive Colombia’s firepower, the current Egyptian squad is nothing to write home about, and Cape Verde are just a fairytale coming to an end on Friday. Africa’s realistic hope now is Morocco.

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

Morocco may vindicate us! Morocco.

[Typical African @Joe__Bassey]

That was not a penalty; that useless ref and his VAR referees need to be investigated.

[Makau F. Mully @makaumully]

Sénégal wasted my night. I won't keep again awake because of African team.

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

Might this be Atul Shah?

[Finance Historian @BoardLotSultan]

Lol, I just came across a verified story how Haku Shah MD of Nakumatt, walked into DTB for a meeting with CEO Nasim Devji. Over tea he asked for Kes. 500m. He walked out with his account credited with 500m after 1 hour. No papers were signed. Original sharp buy 🫡🫡😂😂

[Juma G 🇰🇪 @jumaf3]

Yesterday night, along Gigiri, it was raining heavily... There were so many men and women on the roadside asking for lifts. I guess they work for those rich people in Gigiri, Muthaiga. Nobody stopped. Took the courage to carry 4 of them, 2 ladies and 2 men. They were going to Allsops (River) and so I dropped them near GSU. When they were alighting, each one of them pulled out a Ksh 50. Like that is what they do. I said nope. I don't want the money. And I could hear them going away sending blessings my way. 😆

[Apostle Brian Kajawo @Apostlebriank]

If you're seeing this in May, don't skip. For the next 6 months you're going through a major upgrade in your career, bank account, relationship and will experience the wealthiest months yet. Save this to yourself immediately if you truly believe.

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

Amen!

[Apostle Brian Kajawo @Apostlebriank]

I congratulate 10 people here in advance.

Congratulations!!!

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@SomoinaKapeen No.

[Apostle Brian Kajawo @Apostlebriank]

If you own a physical Bible, repost this.

[Apostle Brian Kajawo @Apostlebriank]

“I will answer their prayers before they finish praying.”
Isaiah 65:24 CEV

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@nicr1zzyyy Really sorry and sad to hear about this theft.

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

Nominates......not yet appointed....

[Terryanne Chebet @TerryanneChebet]

JUST IN: JSC Appoints Mohamed Warsame as Supreme Court Judge.

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

The one person who has yet to send a congratulations to Sawe, any one can guess who that would be? Anyone.....? 1:59:30 makes him a legend but guess who has not publicly said a word to him....!

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@SokoAnalyst Bado wata kupata na "charges" wewe.....! Ngoja tu!

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@TheCleanCarClub Sudan, Nyabagog, now South Sudan

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@alexmwanzo Get into your ITax, there is a way of offseting it! Get your tax accountant

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@kaboya01 *222#

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

@hotshotcreative @047County @NairobiWater @KURAroads @SakajaJohnson Mwambie Mosiria

[Christiano Odongo ODUOL, MKIM, MHLA @xtianoh]

Keep it CPA, keep it up!!

[CPA Wachira Joseph @WashiraX]

KRA is not playing with KTDA.

KTDA buys and sells tea leaves. Not tea. Tea ni chai. Chai ni ya kukunyua. Tea leaves ni majani ya chai. Kirui are we together?

Now,

KTDA was growing very fast. They wanted the Gulf people to taste the classical definition of proper Kenyan tea.

In 2008, they opened a branch in Dubai. Branch role, to market and sell tea in the Gulf.

In this setup, KRA was eating well. Because branches are like agents. They sell and send all profits back home.

So Dubai sold tea. Profits came back to Kenya. KTDA consolidated everything. And handed KRA a biig fat cheque.
KRA was extremely happy.

In 2014, KTDA got tired of tickling KRA.

They discovered.

- If they register a separate company in Dubai
- Gulf profits won’t be taxed in Kenya
- And Dubai tax was 0% too

So no taxes nowhere.

Directors said: Perfect. Do it. Fast!

As they are doing all this, 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.

The Dubai company was registered. Life was good. Money was flowing. Zero income tax.

Next year, KRA noticed their cheque suddenly got thinner.

They asked KTDA Kenya, ndugu ni nini inaendelea hapa?

KRA got the shocking news of its life from KTDA.

- We do not have a problem paying taxes. But the Dubai branch has been upgraded to a full Dubai company. And profits are no longer coming home to be taxed.

KRA could not believe it. It returned to Times Tower. And embarked a fault finding mission.

In 2021, they found out:

- Directors of KTDA Dubai were all Kenyans
- They lived and drank tea in Kenya
- They controlled every single affair of KTDA Dubai from Kenya

Wakasema baas, nini ingine tunatafuta?

They invoked the one dangerous sentence. You remember it?

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

KRA declared KTDA Dubai a Kenyan company

• Tax demanded 122M

KTDA ran to court with Dubai registration papers.

The judges questioned KRA why it wanted to harvest where Kenya did not plant?

KRA responded: My Lords, if your hen lays eggs in your neighbour’s land, is that egg yours or your neighbour’s?

Judges paused.

Then sided with KRA.

KTDA wakaabiwa walipe tax.

Case closed.

Lesson.

• Structure your offshore company properly.

• Or KRA will structure it for you.