OrbitaxKenya Plans to Reverse Reduced Tax Rates Provided in Response to COVID-19 and Introduce Other Amendments
|Proposed Changes|Kenya
The Kenyan parliament is considering the Tax Laws (Amendment) (No. 2) Bill 2020, which was submitted on 27 November 2020. The draft bill includes several amendments, including for the reversal of certain measures introduced in response to the COVID-19 pandemic by the Tax Laws (Amendment) Act 2020.
- An increase in the corporate tax rate from 25% back to 30%, as well as confirmation that the red…
