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MPs approve tax-free deal for Japanese firms, expats
Thursday May 20 2021
By EDWIN MUTAI
Summary
Parliament has exempted Japanese companies, consultants and employees undertaking local projects funded through grants from Tokyo from paying tax.
The exemption is in respect of income accruing in or derived from Kenya in the projects under the financing agreements signed between Nairobi and Tokyo.
Parliament has exempted Japanese companies, consultants and employees undertaking local projects funded through grants from Tokyo from paying tax.
The exemption is in respect of income accruing in or derived from Kenya in the projects under the financing agreements signed between Nairobi and Tokyo.