One common strategy used by multinationals to sidestep taxes is the manipulation of profit-sharing arrangements.

The reform includes a substantial increase in the monthly deductible pension contribution limit, which has been raised from Sh20,000 to Sh30,000.

According to the public notice from the Commissioner for Domestic Taxes Rispah Simiyu, imported fully assembled electric transformers and their parts...

This act will come into effect on December 27, 2024, and affect taxable income deductions, tax reliefs, and exemptions.

Among the major pieces of legislation passed is the Tax Laws (Amendment) Bill, which introduces sweeping reforms to the country's tax regime.

The Treasury had projected that taxing infrastructure bond interest would generate Sh13 billion annually, a crucial part of its efforts to raise Sh174...

This decision follows significant opposition from business stakeholders who expressed concerns that the increased levy would drive up the cost of impo...

The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...

The IEA warned that this tax increase could face resistance from foreign service providers, further discouraging digital investment in Kenya.

Key proposals under the Tax Procedures Amendment Bill include an extension of the Tax Amnesty Programme, which, if approved, will allow taxpayers to c...

The Bill is expected to raise Sh178 billion to support the 2024/2025 national budget by revising key tax categories, including excise duty, income tax...