Tax law is the practice of law that involves calculation and payment of taxes. Tax laws come from a variety of sources. They come from the national government and local authorities. They’re based in the constitution, laws and regulations. Tax law involves understanding, implementing and defending the payment or non-payment of taxes.
Parseina and Soinei advocates’ assists clients understand tax laws and conduct their affairs in a way that’s beneficial with regards to tax laws. When disputes occur, we help clients affirm their rights and protect their interests.
There are relatively a number of statutes that govern taxes in Kenya. They include the Tax Procedure Act, Income Tax Act, Tax Appeals Tribunal Act, Excise Duty Act, Value Added Tax Act and Kenya Revenue Authority Act. These are the fundamental areas that every taxpaying Kenyan ought to have knowledge of.
We offer advice on the tax implications of a corporate deals where clients are concerned with efficient tax practices in compliance with tax laws.
We offer advice on Tax audits on the Kenya Revenue Authority (KRA) where by it is mostly inevitable and so is litigating for disputed taxes. Subject to the nature of the difference, we represent clients on tax disputes by guiding on the possibilities available. We offer representation in respect with dispute resolution forums.
Our tax Division plays a fundamental role in providing due diligence on the various taxes that are subject to, preparation of a Tax Deed and negotiating tax warranties and indemnities.