Capital Gains Tax Rate 2024 Kenya. The finance act 2023 introduces significant changes in the financial landscape, including updates on kra regulations, income tax reforms, and implications on rental income. Capital gains realized on the sales of shares or comparable interests, including interests in a partnership or trust, will now be taxable if, at any time during the 365 days preceding.
Capital gains tax (cgt) has since 1 january 2023 been charged at a rate of 15% up from 5%. The bill has proposed that capital gains tax be due and payable on the earlier of:
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