Kenya's Finance Bill 2015 was signed into law by President Uhuru Kenyatta on 15 September. The main tax-related measures are summarized as follows.
Corporate Tax
The main corporate tax related changes include:
- The reduced corporate tax rate of 25% for companies listed on the on the Nairobi Securities Exchange is no longer subject to the condition that at least 20% of the company's share capital is listed;
- The loss carry forward limit is extended from 5 years to 10 years;
- The additional 50…