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Double taxation treaty
i) Arrangement aimed at protecting tax-payers from paying taxes on the same income than once.
ii) Law empowers the minister by notice to publish DTA’s
iii) Credit is allowed for foreign tax paid by Kenyan resident on income earned abroad through DTA
iv) DTA credits must however not the Kenyan tax on the same income exceeds
v) Amount of Kenya tax against which relief is to be given for foreign tax paid is the amount by which his liability to Kenya taxis increased by the inclusion of such income in hid total income
vi) Charges in DTA are due to tax adjustment in either country applicable for a period of 6 years
vii) DTA also exists on dividends, interest, royalties, rents and management or professional fees, which should also be claimable within 6 years.
Wilfykil answered the question on February 25, 2019 at 11:13
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