Wazua
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IS Carbacid a safe/sure bet?
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Horton wrote:dont agree with that....no one is tax exempt
Capital Gains tax affects companies but not individuals....i trade stocks thru my company,......unrealized are not taxed until u sell
I believe carb transactions were offset due to the tax credit on the loss they made on other investments like rvr There is no CGT in Kenya so their capital gains in Carbacid were not taxed...dividends yes.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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the deal CGT, applies to companies that are primarily investment vehicles or make their money thru stocks in kenya....only individuals are not taxed....in the words of chris rock..."u better as somebody"!!! 30% applies....please check with an auditor....
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Horton wrote:the deal CGT, applies to companies that are primarily investment vehicles or make their money thru stocks in kenya....only individuals are not taxed....in the words of chris rock..."u better as somebody"!!! 30% applies....please check with an auditor.... i believe you 
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Wazua
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IS Carbacid a safe/sure bet?
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