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Kenya 2017/2018 Budget includes Several Incentives

|Proposed Changes|Kenya
Kenya

On 30 March 2017, Cabinet Secretary for the National Treasury, Henry Rotich, delivered Kenya's 2017/2018 Budget to the National Assembly (lower house of parliament). The main tax-related proposals in the budget focus on incentives, including:

  • A 150% investment deduction for capital expenditure in marine, fisheries and fish processing (blue economy);
  • A reduced corporate rate for new motor vehic…

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