Mukusya

10.3K posts

Mukusya

Mukusya

@DMweteeli

Proverbs 31 Kinda Woman 💜

Nairobi , Kenya. Katılım Mart 2013
96 Takip Edilen767 Takipçiler
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CPA Wachira Joseph
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.
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Mukusya
Mukusya@DMweteeli·
Nyashinski is exactly who he thinks he is !!!! GOAT 👏🏾
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Douglas A. Boneparth
Douglas A. Boneparth@dougboneparth·
Going off grid for awhile. (Leaving my phone in the other room while it charges.)
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Nigeria Stories
Nigeria Stories@NigeriaStories·
BREAKING NEWS: Ghana Announces Visa-Free Entry For All Africans Starting May 25, 2026
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mariana Z
mariana Z@mariana057·
Nothing refreshes my memory of what I need at the grocery store like coming home from the grocery store.
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𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉
What a privilege it is to afford a gym, buy healthy food, pay bills, have legs that walk, eyes that see, a brain that functions, work every day, and take our bodies to their full potential.
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Moe
Moe@moneyacademyKE·
Kenya Meteorological Department warns that heavy rainfall is expected from Thursday through the weekend, with a risk of flooding.
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Formula 1
Formula 1@F1·
A first podium in red for Lewis Hamilton!! 👏❤️ #F1 #ChineseGP
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Mercedes-AMG PETRONAS F1 Team
Mercedes-AMG PETRONAS F1 Team@MercedesAMGF1·
THE YOUNGEST GRAND PRIX POLESITTER IN F1 HISTORY! 🌟
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The People’s President
The People’s President@bonifacemwangi·
Watching @njerikan on TV. She’s part of the production team for Matatu Musical. Head to the Kenya National Theatre this weekend and watch the Musical. The play is about Kenya’s historic journey since independence through a musical. Get your tickets here gigs.madfun.com/event/633/PCJW…
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Karura Community Chapel
Karura Community Chapel@KaruraCC·
Have you been studying the book of Exodus? See you tomorrow as we continue looking at Chapter 2. Invite a friend!
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Formula 1
Formula 1@F1·
A season like no other 🍿 Formula 1: Drive To Survive returns for Season 8 Launching February 27 on Netflix 🏁 #F1
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Cinema Hub
Cinema Hub@_CinemaHub_·
@RealEmirHan I believe Will Smith should have won the Oscar for this movie.
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LN⁴
LN⁴@LN4·
LANDO NORRIS 2025 WORLD DRIVERS' CHAMPION
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