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The President assented to the Finance Act 2019 (the Finance Act) on 7 November 2019
Anjarwalla & Khanna
Corporate Tax Comparative Guide for the jurisdiction of Kenya, check out our comparative guides section to compare across multiple countries
The High Court has given its decision in Income Tax Appeal No. 17 of 2017 The Commissioner of Domestic Taxes v. Lewa Wildlife Conservancy Limited.
The Kenya Revenue Authority (KRA) has indicated that it will now verify all applications for exemption from Capital Gains Tax (CGT).
Anjarwalla & Khanna
In order to align Kenya's CGT rate with its EAC counterparts, the CS has proposed an increase in the CGT rate from 5% to 12.5%.
Anjarwalla & Khanna
On 29 November 2018, High Court Judge Lady Justice Mary Kasango delivered a judgment in the case of David Mwangi Ndegwa (Mr. Ndegwa) v. the Kenya Revenue Authority (Civil Suit No. 541 of 2015) (the KRA).
Anjarwalla & Khanna
The repeal of the compensating tax provision was therefore a welcome move.
Anjarwalla & Khanna
On 5 February 2019, the Court of Appeal delivered its judgment in the judicial review case of Kenya Revenue Authority vs. the Republic of Kenya.
Anjarwalla & Khanna
The High Court of Kenya on 15 March 2019 rendered a judgement on the validity of the Mauritius-Kenya Double Taxation Agreement further to a case by the Tax Justice Network Africa, a Non-Governmental Organisation, ...
Jinaro K. Kibet, a Partner and head of the Corporate and Commercial Law department at TRIPLEOKLAW, shares his candid views on some of the possible issues relating to the re-introduction of Capital Gains Tax in Kenya.
Following an amendment in the 2014 Finance Act, Kenya reinstated capital gains tax (CGT) with effect from 1 January 2015.
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