Kenya 2016/2017 Budget Presented Including a Tax Amnesty Program and VAT and Individual Income Tax Changes

Kenya's National Treasury Cabinet Secretary Henry Rotich presented the 2016/2017 Budget to the National Assembly on 8 June 2016. The main tax-related measures of the budget include:
- A tax amnesty program for taxpayers that reinvest their foreign held assets and business earnings;
- New value added tax (VAT) exemptions for garments and leather footwear procured from export processing zones, raw m…