OrbitaxKenya Introducing New Tax Rules for Repatriated Profits, a New Digital Assets Tax, Revised Interest Deduction Restriction Rules, and Other Changes
|Proposed Changes|Kenya
Kenya's Parliament has published the Finance Bill 2023, which contains various tax measures. Some of the main measures include:
- The revision of the rules limiting the deduction of foreign exchange losses from 1 July 2023, providing that foreign exchange losses shall be deferred (and not taken into account) and claimed over a period of not more than three years from the date the loss was reali…
