Summary Article: Income Tax (Transfer Pricing) Rules 2023

by OOAdvocates | Sep 29, 2023 | Case Brief, Finance, Investments, Law, Our Highlights

The Government of Kenya, through the Cabinet Secretary for National Treasury and Economic Planning, has proposed new Transfer Pricing Rules [Income Tax (Transfer Pricing) Rules, 2023] (TPR, 2023), that, if it comes into effect, will replace the Income Tax (Transfer...

The Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Act

by Editor | Sep 29, 2023 | Investments, Law, Our Highlights

The Government of Kenya has effectively amended various laws in a bid to enhance various compliances per its association with various international organizations. According to the amendments under the Proceeds of Crime and Anti-Money Laundering Act, the act of a...

International Tax Review: World Tax 2024 Rankings

by Editor | Aug 24, 2023 | Our Highlights, Top Law Firm

Ong’anya Ombo Advocates, for the second time in a row, has been ranked by the International Tax Review (ITR) World Tax as one of the best tax practitioners in the Republic of Kenya (Kenya). ITR World Tax is a reliable tax-ranking firm in the world. We are happy...

Exclusions/ Exemptions for Merger & Acquisitions Transactions

by Editor | Aug 24, 2023 | Finance, Investments, Law, Our Highlights

Mergers and acquisitions (M&A) are processes that lead to the birth of new entities through the combination of two business entities into one, which is more effective and efficient than the two former companies that were independent. In these transactions,...

Carbon Trading in Kenya

by Editor | Aug 1, 2023 | Bussines, Investments, Law, Our Highlights, Research

Carbon trading involves a market-based system designed to reduce the greenhouse gas emissions that contribute to global warming, especially carbon dioxide, by creating a financial incentive to do so. One may wonder how does this market work? Where does carbon...

Kenya Embracing Green Energy

by Editor | Jul 28, 2023 | Law, Our Highlights

The Energy Act No. 1 of 2019 (Energy Act) defines energy as any source of electrical, mechanical, hydraulic, pneumatic, chemical, nuclear, or thermal power for any use; and includes electrical, petroleum, coal, geothermal, biomass, municipal waste, solar, wind, and...