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26 September 2018

Kenya enacts Finance Act, 2018

Kenya's Finance Act, 2018 (the Act) was assented into law by the President on September 21. The objective of the Act is to provide clear regulations on all procedural aspects and provisions relating to income tax, value added tax, and excise duty, among other changes. The Act introduces amendments to existing provisions in the different tax laws. The Act also streamlines and clarifies various provisions as set forth in the Finance Bill, 2018.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1903

 

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