Skip to content
How a Leading Pharmaceutical Company Unified Tax Operations with OrbitaxHow AMG Brought Pillar Two Compliance In-House with Orbitax
EYEY

Kenya Tax Appeals Tribunal confirms importance of board's location/role in determining company's place of effective management/control for tax residency

|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation|Kenya
Kenya
  • The Kenya Revenue Authority contended that role of the appellant's board of director's was merely to rubber-stamp decisions made by company management, which was based in Kenya.
  • The Tax Appeals Tribunal maintained that the role of a board of directors is vital and that an assertion that it is merely to rubber-stamp decisions must be supported by concrete evidence to show that the directors lacked sufficient knowledge and information to perform their duties, and sat in meetings merely as a formali…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.