THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
THE TAX CONVENTION
THEME: DYNAMICS OF THE GLOBAL TAXATION LANDSCAPE IN THE WAKE OF COVID -19 PANDEMIC
Date: 17th to 18th November 2020
Time: 09:00 to 15:30 Hrs
Charges: 10,000
CPD Units: 10
Where: Virtual Seminar
OVERVIEW
The spread of COVID-19 pandemic caught all economies globally off guard. The uncertainty surrounding the development and how long the pandemic will persist has affected economic trends globally. Even with the uncertainties surrounding the pandemic, many governments have taken decisive action to contain and mitigate the spread of the virus and to limit the adverse impacts on their citizens and their economies. One of the measures taken is the review of taxation regimes.
Kenya is one of the countries that has put in place a raft of taxation measures that are geared towards safeguarding citizens as well as guaranteeing the government tax revenue. As an immediate response, the government through the Tax Amendment Act 2020 proposed several measures aimed at supporting business cash-flows, citizen’s disposable income, safeguarding employment as well as creating an attractive investment environment. Further, the government put in place additional measures on taxation laws through the Finance Act 2020. The key questions that ought to be looked at is whether the policies or changes in taxation regime has had the desired impact and how such measures compare globally.
It is against this background that the Institute has organized a two-day tax convention to discuss the various developments on taxation landscape in the wake of COVID-19 pandemic. The following topics of discussion will form the key areas of discussion in this upcoming tax convention.
- Impact of COVID – 19 on the economy and revenue collection – what is the forecast like?
- The impact of global crisis associated to COVID – 19 pandemic on taxation landscape
- Taxation of the digital economy and Base Erosion & Profit Shifting Project (BEPS 2.0) – What is the effect of the unilateral tax measures put in place by various countries
- Minimum tax – the anticipated challenges and what could be the best practice
- Trends of tax amnesty and the associated effectiveness – Are tax amnesties effective – Will the voluntary disclosure program be different?
- International tax & Transfer pricing considerations in the wake of COVID 19 developments
- Exploration of tax policy options from a tax administration perspective to guarantee government revenue in the wake of COVID -19.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.
Target Audience:
Private and Public Sector Accountants, Chief Finance Officers, Finance Directors and Managers, Tax Experts, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Extractive and SMEs sector accountants, Auditors, Practitioners, Tax Practitioners, Professionals working in County Governments and private sectors, Academia, employees of the NPO Sector.
Cost:
Charges for the training will be Kes10,000/= which will cover workshop fees, learning 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)
