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Withholding tax on dividends goes up from 5% to 15%
My 2 cents
#11 Posted : Tuesday, May 09, 2023 6:18:39 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
5% to 15% WHT has been established as fake news.
Mark you, dividend receivers are several. From owners of shares in listed companies to members of SACCOs. The Government had better tread carefully.
They have caused enough angst with the raft of new taxes.
VituVingiSana
#12 Posted : Thursday, May 11, 2023 11:54:39 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
My 2 cents wrote:
5% to 15% WHT has been established as fake news.
Mark you, dividend receivers are several. From owners of shares in listed companies to members of SACCOs. The Government had better tread carefully.
They have caused enough angst with the raft of new taxes.

Laughing out loudly Laughing out loudly Laughing out loudly @receptor (& his aliases) must be sad.

The 5% remains in place for LISTED securities.

I got my EABL interim dividend for the shares I sold at 195 Dancing
And I expect most of my banks to pay in May.

DTB watachelewa to June. Sad
Kenya Re and Jubilee in July. Sad
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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