{"id":16,"date":"2024-03-23T06:16:41","date_gmt":"2024-03-23T06:16:41","guid":{"rendered":"https:\/\/site.zuricode.com\/tarra\/?page_id=16"},"modified":"2024-04-03T14:44:30","modified_gmt":"2024-04-03T14:44:30","slug":"about","status":"publish","type":"page","link":"https:\/\/site.zuricode.com\/tarra\/about\/","title":{"rendered":"Who We Are"},"content":{"rendered":"\t\t
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A Boutique International<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Tax & Legal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Advisory Firm<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Who We Are<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Home<\/a><\/span><\/span><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Introduction<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A boutique international tax, legal and accounting advisory firm specialising in supporting ambitious investments into and within Africa. This means we support indigenous and foreign owned businesses during funding, operations and profit extraction, while leveraging an optimal business structure in their specific circumstances. This commercial approach to advisory combines a global perspective with combined local expertise of 40 years.<\/p>

Interfacing tax, legal accounting advisory makes business sense for our clients because they are able to plan their commercial operations around known regulatory parameters, thus being in a position to deliver shareholder value consistently.<\/p>

We offer the full breadth of legal advisory \u2013 with a prudent and practical approach. This covers tax advisory and tax litigation, private client advisory, real estate, finance, energy, commercial law, corporate M&A, global mobility. Our day \u2013 to \u2013 day operational support covers company secretarial, tax compliance and accounting.<\/p>

Uniquely, our advisory business is supported by proprietary in \u2013 house technology that allows our experienced staff to deliver on our expertise<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Team Experience<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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1<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Airtel Networks and Telkom Kenya<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Team leader in advising on all tax aspects of the merger of Airtel Networks and Telkom Kenya including advising on debt \u2013 equity structures, Competition Authority requirements, employment considerations, Communication Authority considerations, transfer of business assets, utilization of prior year VAT and corporation tax credits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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2<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Equator Brothers and Coca Cola Sabco Limited<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Tax team leader in advising the former shareholders of Equator Bottlers who sold their entire stake in the company to Coca Cola Sabco Limited . This process involved engaging in end \u2013 to \u2013 end tax due diligence of Equator Bottlers including advise on excise duty, value added tax, customs duty, corporate tax and employment taxes. The process also involved negotiations with the Kenya Revenue Authority and Coca Cola Sabco as part of the post \u2013 completion mechanics<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Safepak \u2013 Aracari Land Amalgamation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Safepak \u2013 Aracari Land Amalgamation : This transaction involved restructuring two related companies \u2013 Arakari and Safepak \u2013 which have common ownership; so that a parcel of land can be transferred from Aracari (subsidiary) to Safepak (shareholder) for purposes of amalgamation<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Project Juno \u2013 Asset Purchase Agreement<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Project Juno \u2013 Asset Purchase Agreement : In this assignment Choppies (Botswana) entered into an asset purchase agreement to purchase certain assets. Following this execution, KRA issued an assessment for various taxes against Ukwala, which subsequently appealed KRA\u2019s tax decision at the Tax App eals Tribunal. I was involved in attending proceedings of the Tax Appeals Tribunal, drafting and negotiating a tax indemnity in favor of Choppies on the possible tax risks following the tax appeals<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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APA Insurance and APA Global<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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PA Insurance and APA Global : This assignment involved a tax assessment raised by the KRA on APA General of KES 147 million and APA Life of KES 13.9 million. We were able to negotiate the tax demanded downwards by a margin ranging between 40 \u2013 50%.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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APA \u2013 VAT on Sale of Salvages<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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APA \u2013 VAT on Sale of Salvages : This assignment touched on an industry \u2013 wide issue revolving around the question of the VAT status of motor vehicle salvages sold by insurance companies in the course of indemnifying the insured upon the occurrence of a loss. This advice allowed APA to counter a KRA demand on an assessed liability on such transactions<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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View full team experience<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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