OrbitaxKenya Finance Act 2025 Signed Into Law Including Deduction for Small Businesses, Digital Assets Tax Reduction, and Provision on Minimum Top-up Tax Payment
|Approved Changes|Kenya
On 26 June 2025, Kenyan President William Ruto signed the Finance Act 2025 into law. As previously reported, the main tax measures:
- Allow a full cost deduction in the first year of purchase for loose items such as utensils, linen, and industrial tools, instead of the current three years;
- Empower the Commissioner to enter into Advance Pricing Agreements with multinational companies to reduce ta…
