Impact of Tripling Capital Gains Tax on Property Sales in Kenya Effective January 1, 2023
Impact of Tripling Capital Gains Tax on Property Sales in Kenya Effective January 1, 2023 The Finance Act of 2022 amended the Income Tax Act, increasing the rate of capital gains tax (CGT) from 5% to 15%, effective January 1, 2023. This change impacts property transfers in Kenya, applying to properties acquired on or before […]