MPs approve motion to exempt Japanese firms from income tax

The National Assembly has approved a motion seeking to exempt Japanese companies, employees and consultants from paying income tax.

The Committee on Delegated Legislation chaired by Tiaty Member of Parliament William Kamket made the recommendation in a report to the house on Wednesday targeting projects being implemented under government-to-government agreements.

In Kenya, income tax is charged annually on income accrued in or was derived from the country by residents and non-residents.

The tax include corporate tax, Pay As You Earn(PAYE) and withholding tax.


Latest posts

KAA intensifies JKIA covid screening, travellers told to arrive early

Ronald Owili

Kilifi County electricity access boosted by 40Mw solar plant

Ronald Owili

DRC now one step away from joining EAC

Christine Muchira

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More