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Major tax cut boost in company restructuring
Tax experts have welcomed the move to extend the tax exemption to CGT, saying that it aligns Kenya with global tax practices that make a distinction between non-commercial restructuring and ordinary asset transfers.
The Treasury has moved to exempt internal property and share transfers within companies from capital gains tax (CGT), in changes meant to lower the cost of restructuring and succession planning.
The Income Tax (Amendment) Bill 2026, which has been tabled by the chairman of the Budget Appropriation Committee of the National Assembly and Molo MP Kimani Kuria, seeks to widen the gains on similar transactions that already enjoy exemptions from stamp duty, through the Finance Act of 2025.
