Kenya Tax Laws (Amendment) Bill 2018 Submitted to Parliament
Kenya's Tax Laws (Amendment) Bill, 2018 has been submitted to parliament and is currently under consideration. Main measures of the bill include:
- A change from zero-rated to exempt for VAT purpose for the following supplies:
- The transfer of a business as a going concern by a VAT-registered person to another VAT-registered person;
- Taxable goods for use in the construction of 5,000 housing units…