Insight into Management and Control from Kenyan Perspective

Kenya’s tax system is territorial where tax is charged upon income accrued or derived in Kenya. The Income Tax Act(“ITA”)sets out a myriad of scenarios where income is deemed to be accrued or derived in Kenya and is, in a big way, dependent on the concept of residence. Of importance to this article is the concept of residence as applied to corporate entities or as the ITA calls them “a body of persons”.