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business regulation

Ruto lists reforms as Kenya steps up fight for global investment
News

Ruto lists reforms as Kenya steps up fight for global investment

The President pointed to several commitments he made at the 2023 summit which he said had since been implemented. These include removing VAT on exported services, allowing verified tax refunds to be paid within six months or offset against future tax liabilities, and ending premature taxation of shares allocated to startup employees.

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National Treasury Cabinet Secretary John Mbadi presenting the 2026 Budget Statement in Parliament on Thursday, June 11, 2026. PHOTO/NATIONAL ASSEMBLY
Business

Treasury tax plan sparks fresh clash over KRA enforcement powers

National Treasury says Finance Bill 2026 will amend the Tax Procedures Act so collection for Commissioner-favourable judgments only stops with a stay order. Business leaders and tax experts warn it may pressure firms during ongoing tax appeals and tribunal processes.

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