LegislationBriefly Editorial··Kenya
Finance Act 2026 Exempts Repossessed Asset Sales from VAT: Resolution of a Banking Sector Tax Dispute With Immediate Compliance Implications
Kenya's banks and SACCOs have won a VAT exemption on repossessed asset sales that KRA had been collecting at 16% and the Tax Appeals Tribunal ruling that enabled that collection is now overturned by statute.
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