Kenya's Finance Minister Henry Rotich presented the Budget Statement for 2019/20 to parliament on 13 June 2019. The main tax-related measures of the budget include:

• An increase in the rate of Capital Gains Tax from 5% to 12.5%;
• The introduction of an exemption from capital gains tax on the transfer of property that is necessitated by the restructuring of corporate entities;
• An expansion of th…