THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
International Taxes workshop – Recording
Date: 2nd – 3rd August 2023
Time: 9.00am-3.30pm
Venue: Online
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
International taxation refers to the determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country’s tax laws.
Stability of Kenya’s tax policy framework is a key determinant of the ease of doing business and attracting investment. There has been increased reliance on international taxes compared to the use of other taxes and this has played a key role in tax reforms put in place by many governments. In developing countries where market forces are increasingly important in allocating resources, the design of the tax system should be as neutral as possible to minimize interference in the allocation process. The system should also have simple and transparent administrative procedures so that it is clear if the system is not being enforced as designed.
There has also been a rapid growth in the digital economy that has triggered many changes in the taxation regime globally. For example, in Kenya, we have witnessed introduction of digital service tax and Value Added Tax on digital services. Therefore, it is vital to expand and improve your knowledge of the tax laws and systems pertaining to the various markets as well as to explore various techniques in international tax planning.
The Workshop seeks to address and cover the following topical areas.
- Introduction & history of income tax in Kenya and link to international taxes
Double taxation and related treaties and conventions
- Personal & expatriates’ tax
- Transfer Pricing Documentation
Transfer pricing compliance and emerging issues.
- The implications of BEPS for Transfer Pricing
Country to Country (CbC) Reporting Personal and expatriates’ tax.
- OECD Transfer pricing guidelines and the Arm’s length principle
OECD Risk Analysis: Key Considerations when Carrying out Risk Analysis
- Digital service tax
VAT on digital marketplace
Target Audience
This workshop is open to all Tax Professionals, Audit Practitioners, Senior Management, and those aspiring to join the profession.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to Brenda Imali at brenda.imali@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.