MPs approve tax-free deal for Japanese firms, expats

mps (1)

Parliament during a past session. FILE PHOTO | NMG

Parliament has exempted Japanese companies, consultants and employees undertaking local projects funded through grants from Tokyo from paying tax.

The exemption is in respect of income accruing in or derived from Kenya in the projects under the financing agreements signed between Nairobi and Tokyo.

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Note: The results are not exact but very close to the actual.