Chrysostom Xavier Akhaabi

7.6K posts

Chrysostom Xavier Akhaabi banner
Chrysostom Xavier Akhaabi

Chrysostom Xavier Akhaabi

@CXAkhaabi

Damn Good Lawyer.

Nairobi Katılım Kasım 2009
2.3K Takip Edilen1.3K Takipçiler
Chrysostom Xavier Akhaabi retweetledi
Nithya Shri
Nithya Shri@Nithya_Shrii·
I’m convinced a child feeling safe around you is the real flex.
English
33
34
262
5.3K
Chrysostom Xavier Akhaabi retweetledi
Winnie.
Winnie.@PART_RIOT·
We need a CPD on reading the room. It's 10:45am, what are y'all still greeting JOs for? Greetings should be between 9-9:10am or the first 2 matters on the causelist. The rest of us should just please the court as we go.
English
11
24
178
10.6K
Chrysostom Xavier Akhaabi retweetledi
isra
isra@naoeoisra·
onde já se viu pedirem pra entregar trabalho escrito a mão estamos no tempo das cavernas mesmo
isra tweet media
Português
2.2K
2.8K
52K
5.3M
Chrysostom Xavier Akhaabi retweetledi
👑 J³ABz👑
👑 J³ABz👑@Jabz_CFC·
In 2011, Daniel Craig quietly married Rachel Weisz with only four guests - their children. No press, no spotlight. Today he lives between London and New York, avoids parties, picks up his kids from school, and cooks dinner himself. Craig admitted that family saved him from burnout. He chose love over fame.
👑 J³ABz👑 tweet media
English
326
1.1K
22.1K
1.7M
Chrysostom Xavier Akhaabi retweetledi
Crazy Moments
Crazy Moments@Crazymoments01·
Baby sees mom after eye surgery
English
788
5.5K
67.5K
2.5M
Chrysostom Xavier Akhaabi retweetledi
まだ面白い
まだ面白い@madaomoshiroi·
火山噴火の瞬間を上から捉えたドローン映像、これは凄すぎる
日本語
268
2.1K
19K
2.1M
Chrysostom Xavier Akhaabi retweetledi
The Judiciary Tribunals - Kenya
The Judiciary joins other Kenyans in mourning the passing of our dear Member, Hon. Eng. Anne J. Cheboi of the Public Private Partnership Petition Committee (PPPPC). May perpetual light shine upon her.🙏🙏
The Judiciary Kenya@Kenyajudiciary

English
1
1
4
197
Chrysostom Xavier Akhaabi retweetledi
Eng. Karis | MSC |
Eng. Karis | MSC |@Briankariu·
There are three quintessential moments that permanently alter a man’s DNA: 1. Sudden wealth 2. Losing his mother 3. Betrayal by the woman he loves You will watch an entirely different person emerge in the span of a few months That tweep is gonna cause damage in these streets 😂
English
17
354
1.7K
42.2K
Chrysostom Xavier Akhaabi retweetledi
CPA Peter Ndirangu
CPA Peter Ndirangu@pitandirangu·
Just like the minimum Tax , Robin-Hood Tax and others previously rejected , this may not see the right of day ! This isn’t the spirit of Tax clauses ! This proposal appears to dictate what a company’s dividend policy should look like. It raises serious concerns about the extent of policy overreach into corporate decision-making and business autonomy. Surprisingly, there hasn’t been enough discussion around this proposal yet. I would be interested to hear the views of listed companies, institutional investors, and other corporate sector players on the implications of such a move @KenyaBankers @NSE_PLC
Julians Amboko@AmbokoJH

The Finance 2026 proposal to amend Sec24 of the Income Tax Act is problematic on a number of levels: 1. It proposes to empower the Commissioner to direct that AT LEAST 60.0% of retained earnings to be redistributed as dividends. Key words to note here are "at least". The floor is clear, the ceiling is as high as the appetite for Withholding Tax collections can get 2. It is yet another reminder of how capricious tax policy & administration can get when it is viewed principally as a tool to smoothen out state cashflows. This is akin to what Finance Act 2023 did with Sec36 of the Excise Duty Act & remittance of collections within 24hrs. It misfired considerably 3. For entities that are on a growth phase that is investment heavy, this provision will be a minefield. How does this align with the Companies Act & its guidance on dividends?

English
8
34
60
11K
Chrysostom Xavier Akhaabi retweetledi
Julians Amboko
Julians Amboko@AmbokoJH·
Heated debate around Finance Bill 2026's proposal around amending Sec24 of the Income Tax Act & prescribing a 60.0% floor of a company’s undistributed income as distributed dividends to shareholders. Kesses Member of Parliament, Rutto Julius Kipletting, is asking what happens in instances where a business seeks to retain earnings not for any intention or strategic purpose but simply to build equity & to avoid tax. How can we strike a balance? The Chairman, Member of Parliament for Molo, @KuriaKimaniMP, argues that the Business Daily (@BD_Africa) misrepresented the position of the proposal because even presently, it could be anything between 0 & 100.0%. He is arguing that there's a case for a threshold indeed. Musings: · What is really being solved here? Indeed the provision is not new, what we take issue with here is the prescription of a 60.0% floor, that is the elephant in the room · The departure from an environment where the taxpayer & the Revenue Authority had the latitude to discuss & agree whether there was a case for enforcement anyway to one where the baseline start is 60.0% of a company’s undistributed income is really the issue we seek to address · If Kenya seeks to shift to a a regime that is anchored on undistributed profits rules which include a defined minimum distribution percentage, as the proposed amendment to Sec24 of the Income Tax Act suggests, what safeguards exist against potential overreach by the Revenue Authority?
Julians Amboko@AmbokoJH

The Finance 2026 proposal to amend Sec24 of the Income Tax Act is problematic on a number of levels: 1. It proposes to empower the Commissioner to direct that AT LEAST 60.0% of retained earnings to be redistributed as dividends. Key words to note here are "at least". The floor is clear, the ceiling is as high as the appetite for Withholding Tax collections can get 2. It is yet another reminder of how capricious tax policy & administration can get when it is viewed principally as a tool to smoothen out state cashflows. This is akin to what Finance Act 2023 did with Sec36 of the Excise Duty Act & remittance of collections within 24hrs. It misfired considerably 3. For entities that are on a growth phase that is investment heavy, this provision will be a minefield. How does this align with the Companies Act & its guidance on dividends?

English
8
43
74
23.5K
Chrysostom Xavier Akhaabi retweetledi
Julians Amboko
Julians Amboko@AmbokoJH·
Should staff school fee discounts constitute taxable employment benefits? The Kenya Private Sector Alliance (@KEPSA_KENYA) wants Finance Bill 2026 to clarify this matter by amending section 16(2, a, iv) of the Income Tax Act
Julians Amboko tweet media
English
5
19
25
4.3K
Chrysostom Xavier Akhaabi retweetledi
SokoAnalyst
SokoAnalyst@SokoAnalyst·
The Finance Bill 2026 is not paperwork. It is a direct raid on pay slips, rent, phones, land, business profits, imports and daily survival. Every Kenyan must read it before it becomes law, because silence now may become pain later. Thread 🧵
English
5
226
436
20.5K
Chrysostom Xavier Akhaabi retweetledi
Rumi
Rumi@rumilyrics·
Always pray for alignment. To be at the right place, at the right time, around the right people who will help you get to your destiny.
English
120
3.6K
16.5K
205.7K