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Kenya—a Two-Fold Approach to Covid-19: Tax Insight
NAIROBI (Capital Markets in Africa) — Following presidential directives to the National Treasury to put in place various tax and fiscal measures to cushion Kenya’s economy from the adverse effects of the Covid-19 pandemic, the Tax Laws Amendment Act 2020 (TLAA) was assented to by the President of Kenya on April 25, 2020. Kenya has adopted a two-fold approach, not only introducing relief measures but also measures to maintain tax revenue. This Insight will analyze…
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