Event report
Webinar with Cliffe Dekker Hofmeyr Inc Kenya
High Court Decision on the Kenya-France DTA.
We are pleased to share insights from today's webinar, conducted in collaboration with Cliffe Dekker Hofmeyr Inc Kenya, led by Lena Onyango, Partner at CDH Kenya who explored the intricate landscape of cross-border taxation in Kenya.
The session focused on the withholding tax(WHT) on management and professional fees particularly in transactions involving French entities under the Kenya-France Double Tax Agreement (DTA).
Key Highlights:
- Recent Court Decisions and Treaty Provisions:
Participants gained a deep understanding of how recent court rulings impact taxation policies in Kenya. We discussed specific cases and their implications for businesses engaged in cross-border transactions, highlighting the evolving interpretations of Section 41 of the Income Tax Act.
- Double Tax Agreements (DTAs):
The webinar emphasized the critical role of DTAs in international tax planning. We explored how these agreements allocate taxing rights between countries to prevent double taxation, focusing on the provisions relevant to Kenya and France.
- Practical Applications and Compliance:
Attendees learned practical strategies for navigating the complexities of tax treaties and ensuring compliance with international tax regulations. Discussions included the process of DTA negotiation, ratification, and the implications for businesses operating in multiple jurisdictions.
The session concluded with a Q&A session which gave insights into future trends and considerations for businesses, highlighting the importance of staying informed about changes in tax legislation and treaty updates.
A big thank you to Lena Onyango for taking us through the session and to our esteemed attendees for your active participation.
