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Kenya Tax Appeal Tribunal rules income earned by registered pension scheme is exempt from income tax

|Tax Alerts, National/Federal Taxation, Global|Kenya
Kenya
  • The Tax Appeals Tribunal (the Tribunal) held that the total income of a registered pension scheme is exempt from income tax under the provisions of the Income Tax Act (ITA).
  • The Tribunal held that the provisions of the ITA did not provide for taxation of investment income attributable to excess pension contributions to the registered pension scheme.
  • On a separate issue, the Tribunal ruled in favor of the Kenya Revenue Authority in deeming gardening, cleaning and maintenance services as technical i…

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