The Budget for 2012-13 was presented to the National Assembly by the Minister for Finance on 14 June 2012. Details of the Budget, which unless otherwise indicated, generally take effect from 15 June 2012, are summarized below.
Direct taxation
The income derived by non-resident persons without a permanent establishment in Kenya from the business of transmitting messages will be subject to a final 5% withholding tax.
Tax Management
The proposals include:
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