Whether a Chargee is Obligated to Pay Capital Gains Tax Upon the Exercise of Statutory Power of Sale and Suspension of “Twin Payment” of Capital Gains Tax and Stamp Duty

Whether a Chargee is Obligated to Pay Capital Gains Tax Upon the Exercise of Statutory Power of Sale and Suspension of “Twin Payment” of Capital Gains Tax and Stamp Duty

Capital Gains Tax (CGT) is a tax payable under the Income Tax Act by a proprietor of land upon transfer of such land and/or buildings. In Kenya, CGT was re-introduced on 1st January 2015 after being suspended in 1985. Kenya Revenue Authority (KRA) issued a public notice on 4th October 2016 requiring that CGT and ...
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Salient Changes Under the Business Laws (Amendment) Act, 2020

Salient Changes Under the Business Laws (Amendment) Act, 2020

On 18th March, 2020 the President assented to the Business Laws (Amendment) Act, 2020 (the Act). The Act, which came into force on its date of assent, seeks to facilitate the ease of doing business in Kenya by amending various statutes. Below is a summary of the salient changes brought about by the Act, that affect specific ...
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Coronavirus (COVID- 19) Update 1 | Business Continuity

Coronavirus (COVID- 19) Update 1 | Business Continuity

Further to our earlier communication dated 17th March 2020, and in further assurance of the continuity of business and attendance to clients’ matters, we have taken the following steps: Clients will be updated on the developing status of their matters which are pending in Court from time to time and as we get further communication from ...
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Coronavirus (COVID- 19) | Oraro & Company Advocates’ Contingency Measures

Coronavirus (COVID- 19) | Oraro & Company Advocates’ Contingency Measures

In view of the guidelines issued by the Government of Kenya in response to the spread of the COVID-19 (Corona virus), we wish to assure you that we have put in place measures that will ensure continuity of your matters and that the same will be well attended to. During this period, which is by ...
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George Oraro SC ranked ‘Star Individual’ Top Dispute Resolution Lawyer in Kenya

George Oraro SC ranked ‘Star Individual’ Top Dispute Resolution Lawyer in Kenya

17th February, 2020 Chambers Global Guide which ranks the most outstanding law firms and top lawyers across the world has released its 2020 rankings. We are delighted to announce that our Senior Partner, George Oraro SC has surpassed the Band 1 ranking receiving the prestigious ‘Star Individual’ accolade in Dispute Resolution. The accolade is awarded to lawyers with exceptional recommendations ...
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