Attachment of Assets in Kenya by B M Musau & Company, Advocates 1. What is the general nature and effect of judicial measures available for plaintiffs to obtain provisional relief affecting property of debtors to obtain security for judgments to be obtained (“attachments”)? Freezing property in place? Placing it in the custody of…
Government of Kenya Final Report of the Working Committee on Regulatory Reforms for Business Activity in Kenya Review of Business Licenses and Fees in Kenya Submitted to the Minister for Finance and the Minister for Trade and Industry By The Working Committee on Regulatory Reforms for Business Activity in Kenya Chair: Ben Musau, Advocate…
International Compliance Development of Wealth Management and AML/Compliance Lectures By: Benjamin M Musau Wealth Management and AML/Compliance Lectures This article constructs a course on Wealth Management and AML in New York City. You have been hired to speak by yourself for three (3) hours in the morning and three (3) hours in the afternoon….
Benjamin M Musau International Compliance The Third EU Money Laundering Directive and Compliance In this article Benjamin Musau discusses the Third EU Money Laundering directive, its implementation and its requirements which are many (on-going customer due diligence, identify non-domestic PEPs, ascertain beneficial ownership of offshore accounts, create policies to ensure a risk-based approach to money…
Global E-commerce Taxation Benjamin M Musau, Lawyer, Nairobi, Kenya This article discusses the newest legal issues regarding income tax characterization with respect to international taxation of digital products and services. The newest legal issues regarding income tax characterization with respect to international taxation of digital products and services are as follows: The laws including…
Global E-commerce Taxation Benjamin M Musau, Lawyer, Nairobi, Kenya In this article, Benjamin Musau discusses the relevant issues addressed in the article : The myth of tax free Internet sales ( an abstract) ….” It has been a long held belief by most online shoppers that out of state internet purchases are tax free. I…
Global E-commerce Taxation Benjamin M Musau, Lawyer, Nairobi, Kenya This article discusses the possible reasons for the EU not to address competitiveness concerns by instituting a moratorium on taxation. The reasons for EU’s failure to address competitiveness concerns by instituting a moratorium on taxation are: A moratorium does not tally with the OECD taxation…
Benjamin Musau Politically Exposed Persons (PEPs) I find this topic to be quite interesting especially because I covered it in depth in my LL.M class at the Thomas Jefferson School of Law, and I am, therefore, very curious to learn as much about it as possible. The Politically Exposed Person (PEP) designation dates back to…
Global E-commerce Taxation Benjamin M Musau, Lawyer, Nairobi, Kenya This article discusses the major taxation issues of Offshore E-Commerce. What are the pros and cons of offshore taxation of E-Commerce? The major taxation issues of Offshore E-Commerce are: The threat of tax leakage through commercial transactions which occur through the Internet. E-commerce appears to…
Global E-commerce Taxation Benjamin M Musau, Lawyer, Nairobi, Kenya This article discusses the major compliance issues posed by electronic commerce including both domestic and global issues. The major compliance issues posed by e-commerce are: Identification of the country or countries which have the jurisdiction to tax income derived from e-commerce. Determining whether residence-based taxation is…