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Finance bill 2013 passed after items rejected
sorovi
#1 Posted : Thursday, September 26, 2013 5:40:41 PM
Rank: Member


Joined: 8/3/2007
Posts: 146
Capital Gains tax reintroduction + tax reprieve rejected: Finance bill passed

MPs have rejected an amendment to the Finance Bill 2013 that would have seen about 1.2 million Kenyans who earn less than Sh38,892 excluded from paying taxes.

The National Assembly also blocked the reintroduction of taxation on capital gains, which was suspended in 1985.

link
jerry
#2 Posted : Thursday, September 26, 2013 7:11:05 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
No CGT on shares/stocks? Let's now go and get our picks!
The opposite of courage is not cowardice, it's conformity.
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