UPDATE 2-Kenya to raise capital gains tax to shore up revenues
Kenya will more than double its
capital gains tax rate to 12.5% from 5% to bring it in line with
international standards, Finance Minister Henry Rotich said in
budget proposals to parliament on Thursday.
capital gains tax rate to 12.5% from 5% to bring it in line with
international standards, Finance Minister Henry Rotich said in
budget proposals to parliament on Thursday.
Posted by Reuters
