To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
International Taxes and Transfer Pricing Workshop (Mandatory Training) – Recording
THEME: Tax compliance within the country and across borders
Date: 28th- 29th May 2025
Time: 9: 00am-3: 30pm
Mode of Delivery: Virtual /Zoom
(This is one of the Mandatory Trainings for practicing certificate consideration)
Overview
International tax and transfer pricing rules are constantly evolving and have undergone significant changes in recent years. Changes in tax legislation, practice, or the approach of tax authorities across the globe can have significant implications for multinational groups. Economic shifts and digitalization are fundamentally changing the tax landscape. New challenges in tax compliance and global taxation of the digital economy are adding to the overall complexity. Transfer pricing refers to the pricing of goods, services, and intangibles between related parties located in different countries. The transactions between related parties are to be carried out at an “arm’s length” basis. Prices are meant to efficiently allocate resources in the market whereas the role of transfer prices is to efficiently allocate resources within a company as they move from one related entity to another.
The OECD Transfer Pricing Guidelines have changed considerably over the past few years. Consequently, policies are being reviewed and in some cases changes to pricing have to be made. Multinational enterprises must determine now what practical implications they face and how they can best operate within this radically changed regulatory environment.
In Kenya, international taxes and transfer pricing are increasingly shaping the roles of accountants. As the country embraces globalization and attracts foreign investments, compliance with international tax standards and transfer pricing regulations has become paramount. Accountants in Kenya play a pivotal role in ensuring organizations adhere to these standards, mitigating tax risks, and optimizing cross-border transactions. The Kenyan Revenue Authority’s (KRA) heightened focus on transfer pricing audits and the adoption of global best practices demand that accountants stay informed and proactive. They must navigate complex tax treaties, manage permanent establishment risks, and align financial strategies with regulatory expectations to safeguard business interests and drive sustainable growth.
The primary goal of this workshop as set by The Institute of Certified Public Accountants of Kenya (ICPAK) is to empower finance and tax professionals, legal advisors, policymakers, and other stakeholders with the tools and knowledge required to address challenges in international tax and transfer pricing. The sessions will focus on creating a comprehensive understanding of current trends, compliance requirements, and strategies to manage risks associated with cross-border transactions. The workshop will also serve as a platform for sharing expertise, fostering collaboration, and providing actionable solutions tailored to the specific needs of businesses operating in a global environment.
The symposium intends to enhance the participants’ understanding of transfer pricing by focusing on:
TARGET AUDIENCE
ICPAK Members ,Accountants ,Tax practitioners ,Members of Boards in public and private corporations, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
This training is one of the mandatory training courses for Practicing Certificate consideration. All members who would wish to practice in the future are also encouraged to enroll for the course as it provides practical skills required for effective performance in taxation and tax advisory services.
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 at marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
