Trade associations to pay corporate taxes in proposal

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Kenya Association of Manufacturers (KAM) CEO Anthony Mwangi on February 28, 2023. PHOTO | DIANA NGILA | NMG

Business lobbies will for the first time be required to pay income tax under proposed changes to the law that seek to change the definition of entities that are liable to pay their pound of flesh.

The Finance Bill, 2023 says that trade associations will now be classified as businesses making them liable to pay the 30 percent corporate income tax as the Kenya Revenue Authority targets business lobbies.

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