Speeches, Newsletters & General Articles
Permanent URI for this communityhttp://192.168.8.146:4000/handle/123456789/11
Browse
6 results
Search Results
Item Transfer Pricing in Kenya(The Professional Journal of kasneb, 2020) Mwinzi, CPA Faustin MwongelaHead office, parent company, divisions, branches or subsidiaries of a firm trading amongst themselves will invariably set the prices at which goods and services will be exchanged. The prices need not be the same as the prevailing market prices since they are all members of the same group. Again, transactions of that nature could exclusively be for such groups. For instance, a patent could be meant only for companies within the group so no open market price would exist.Item Kenya’s economic potential points to a country capable of self-sustenance(The Standard, 2021) Mwinzi, CPA Faustin MwongelaCovid-19 has extensively suppressed world economies over the past one year -Kenya’s included. Thousands have had to contend with substantial pay cuts as their employers endeavored to align to the tough times. In a report released last year, the Kenya National Bureau of Statistics (KNBS) noted that almost 4.64 million people had lost their jobs by June 2020 up from 2.94 in March 2020 when the first confirmed case of Covid-19 was reported. As it stands, the situation could be worse.Item Make housing affordable across Kenya(The Nation Newspaper, 2020) Mwinzi, CPA Faustin MwongelaWhat you need to know: Construction loans are much preferred. Incentives available to mortgagors should be extended to construction loans. Construction loans, which are essentially personal loans, are secured against future salaries and, in some cases, to pension benefits.Item Let’s harvest water during rainy season(Business Daily, 2023) Mwinzi, CPA Faustin MwongelaWe are a few days to the onset of the much-awaited long rains. The weatherman has issued a warning that the rains may be below average. This is disheartening news after a period of prolonged drought, but the encouraging bit, there will be some rain. The rains may be delayed, may fall over a short period, and there might be some flash floods in some regions, but one thing is sure.Item Pairing taxpayers might be solution to evasion of tax(Business Daily, 2022) Mwinzi, CPA Faustin MwongelaIt takes two to tango; that’s so true in business. Every transaction has two parties involved. Every seller must have a buyer, every employee must have an employer and every service provider must have a service recipient. Therefore, for each transaction, there must be an equal and opposite effect. Income to one party must be an expense to another. This basic fact is useful to tax collectors, information from one party is enough to trace the other. Tax systems are so designed that taxpayers involuntarily report one another. We must assume that not all taxpayers have the motivation to evade tax.Item To tap digital economy, let us support it(The Nation Newspaper, 2021) Mwinzi, CPA Faustin MwongelaWhat you need to know: Local innovations are the right response to the growing dominance by multinationals. With the right policy and support, this country can churn out its own multi-billion-shilling techpreneurs and the benefits will trickle down.