There are three tax rates that apply across Kenya: 16% – the standard rate for taxable goods and services, as well as imports 8% – the rate applied to the local supply of fuel, petroleum oils, etc. 0% – the rate applied to exports, international passenger transport, and zero-rated ...
It provides the country's tax rates, including corporate profit, capital gains, branch and withholding taxes, as well as its dividends, interest and royalties. In addition, the article notes the application of the turnover tax to taxpayers and the dividend withholding tax rate to dividends....
While players who gamble at locally licensed gambling venues and sites are meant to be subjected to a 20 percent tax rate, via a withholding tax, operators do not collect them. The government attempted to pass a 20 percent gambling tax in 2011 when the Finance bill was proposed but it was...
Cognizant of the rise in the use of such media/channels, the Government has enacted through the Finance Act a withholding tax on income earned by resident and nonresident persons from digital content monetization. The WHT rate will be 5% for resident persons and 20% for nonresident persons. ...
Interest rate of the bond will be market driven, and subject to withholding tax of 15 percent. However, the two-year bond follows another of a similar amount that was sold last month, but whose performance was below target, an indication of investors' apathy. Similarly, in this week's auc...
Interest rate on the bond, which is the first to be floated this year, has been set at 13 percent, and is subject to withholding tax of 10 percent. The yield is higher than those of the 91-day, 182-day and 364-day papers, which ranges from 8 percent to 11 percent. The 15-year...
The annual index by Tax Justice Network (TJN) has scored Kenya’s secrecy rate at 76 per cent, meaning the country is a fertile market to stash ill-gottenprivate financial wealthand other illicit financial flows (IFFs). Reply The bottom line on the Afghanistan war for me is that those who...
In addition, individuals who retire after 50 years or retire on medical grounds are liable to tax on the balance of the lump sum at wider tax bands, effectively reducing the tax rate. Overall, the option of accessing retirement savings as a lump sum may therefore significantly reduce the tax...
Please consult your tax agency for the correct tax rates. Tax Code Description Property Rate Available On S-KE Standard rate 16% Both (Sales and Purchases) Z-KE Zero rate 0% Both (Sales and Purchases) E-KE VAT exempt sales Exempt
aBoth parties agree that the confirmed figure of withholding tax, paid by Party B and the fees for KPLC (Kenya Power Lighting Company) by both parties’ accounts shall prevail. 两个党同意预扣赋税被证实的图,有偿由Party B和费为KPLC (Kenya Power Lighting Company) 由两个党’帐户将战胜。[tran...