Kenya Capital Gains Tax

CAPITAL GAINS TAX
CAPITAL GAINS TAX 1. The Internal Revenue Service imposes tax at the rate of fifteen percent (15%) on the gains accruing from the realization of the assets mentioned in (2) if the amount realized ... Get Content Here

Oil And Gas Taxation In Kenya - Deloitte US
Tax professionals of the member firms of Deloitte Touche Tohmatsu Limited have created the Deloitte International Oil and Gas Tax Guides, 6.1 Capital gains 7 6.2 Asset disposals 7 7.0 Withholding Oil and gas taxation in Kenya 5 • Capital costs are subject to recovery at a rate of 20% ... Retrieve Doc

Kenya: Country tax Guide - PKF International
Information current on 1 January 201 5, • Capital Gains Tax (CGT) was re-introduced with effect from 1 January 2015. Kenya. PKF Worldwide Tax Guide 2015/16 6 ... Retrieve Here

Tax Planning In Africa And Reactions From tax Authorities
Tax Planning in Africa and reactions from tax authorities Capital gains tax Country C Treaty between A and C similar to the OECD MC - Transfer of C co. shares instead of Bco. Kenya anti-treaty shopping provision ... Document Viewer

UK/KENYA DOUBLE TAXATION AGREEMENT SIGNED 31 JULY 1973 ...
UK/KENYA DOUBLE TAXATION AGREEMENT . SIGNED 31 JULY 1973 . Amended by a Protocol signed 20 January 1976 and notes dated 6 April 1976 for income tax and capital gains tax . Effective in Kenya from 1976 . The text of this Agreement has been reproduced . ... Return Document

WHAT IS YOUR GAIN? CAPITAL GAINS TAX ON PROPERTY TRANSACTIONS ...
2 ABSTRACT 1st January 2015. Kenya re-introduced Capital Gains Tax which had been suspended in 1985 so as to encourage growth in the real estate and capital markets sectors. ... Read Full Source

TAX AND INVESTMENT FACTS - WTS - Home
TAX AND INVESTMENT FACTS A GLIMPSE AT TAXATION AND INVESTMENT IN KENYA wtskenya Capital Gains Tax was re-introduced in the Finance Act 2014 at the rate of The capital gains tax had been suspended in Kenya since 1985. Having been recently introduced ... Fetch This Document

Worldwide personal tax guide 2013 – 2014 Kenya An individualthat is not resident in Kenya for tax purposes is not entitled to any deductions or credits. Kenya does not impose a capital gains tax. ... Document Retrieval

CAPITAL GAINS TAX (re-introduced Through Finance Act,2014)
CAPITAL GAINS TAX (re-introduced through Finance Act,2014) The Law • Section 3(2)(f) of the Income Tax Act Fairness” in Kenya tax system – Kenyan Constitution 2010 – • In case of capital loss no tax is applicable nor can the loss be offset ... Retrieve Content

The AU And The "African Diaspora" - YouTube
The AU And The "African Diaspora" Mo Dim Sun. Loading Democrats would condemn his sweeping capital gains tax cuts as a sop to the rich. Kenya CitizenTV 1,091 views. 4:42. Reconnecting the Black Diaspora - Duration: 9:01. ... View Video

TAX PLANNING IN KENYA - AIP Advocates
Nairobi, Kenya TAX PLANNING IN KENYA Background Section 3(2)(a) of the Income Tax Act provides that income tax is chargeable upon gains or tax exemption (as capital gains) for any increase in the value of the shares from the date the . ... Retrieve Content

Newsletter Tax Alert Kenya - Roedl.com
> This is in respect of gains or profits for the use or that require heavy capital investment such as the energy sector and the hospitality industry. Skill development for youth and apprenticeship Tax Alert Kenya ... View Doc

GUIDE TO CAPITAL GAINS TAX - National ... - National Treasury
1 GUIDE TO CAPITAL GAINS TAX This guide is intended to outline, in very broad terms, the key principles that are envisaged to form part of the proposed capital gains tax (CGT) legislation in South ... Access Full Source

Kenya Fiscal Guide 2015/16 - KPMG US LLP | KPMG | US
Capital Gains Tax (CGT) was re-introduced in Kenya effective 1st January 2015. CGT is applicable on the transfer of property situated in Kenya, for example, land, buildings and marketable securities. The Capital Gains Tax (CGT) ... Fetch This Document

KE Tax Alert-Oil & Gas - PwC South Africa
Tax Alert Oil & Gas and Mining – a new withholding tax introduced the impact on Kenya’s extractive industry which is still in the exploration phase amendment to be in the nature of a capital gains tax. The original intention was actually to effect the ... Retrieve Document

Land Value tax - Wikipedia
A land/location value tax (LVT), also called a site valuation tax, split rate tax, or site-value rating, is an ad valorem levy on the unimproved value of land. ... Read Article

Capital gains tax For South African Individuals - SARS
This guide provides a simple introduction to capital gains tax (CGT) at its most basic capital gains and capital losses in your annual income tax return. If the sum of your capital gain ors capital losses exceeds the annual exclusion (2017: ... Fetch Document

Tax Competition In East Africa: A Race To The Bottom?
Tax competition in East Africa: and pay zero import duty on fuel, are exempt from capital gains tax, • Uganda provides fewer tax incentives than Kenya or Tanzania but still offers a range of tax incentives, such as import duty and stamp duty exemptions, ... Doc Retrieval