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Kenya - Tax Alert on Conservatory Order temporarily suspending the implementation of Minimum Tax
Kenya - Tax Alert on Conservatory Order temporarily suspending the implementation of Minimum Tax
Minimum Tax was introduced through the Finance Act 2020 with an effective date of 1 January 2021. The tax is chargeable at 1% of gross turnover and payable where the Minimum Tax is higher than the instalment taxes due by taxpayers, with limited exceptions.