Kenya Enacts Significant Tax Measures For 2021

Kenya Enacts Significant Tax Measures For 2021 Executive Summary On 23 December 2020, the Kenyan President assented to the Tax Law Amendment Act (No.2) of 2020 (the Act). The Act amends the Income Tax Act and the Value Added Tax (VAT) Act of Kenya. The key amendments made through the Act include the reinstatement of: (i) the resident corporate income tax [...]