AN OVERVIEW OF THE TAXATION OF SAVINGS AND CREDIT CO-OPERATIVES SOCIETIES (SACCOS) IN KENYA

Abstract

International tax rules and norms interact in complex ways with national law, mediated by the professional practices and techniques of lawyers and other tax advisers and practitioners. The current controversy over the proposed tax treaty between Kenya and Mauritius illustrates some of the features of these practices, as well as the policy issues at stake for both the fairness and effectiveness of taxation and the effects of tax treaties on international investment. A clearer understanding of these issues can greatly facilitate public debate on both the role of tax treaties and the current efforts to reform international tax rules.