Kenya's Tax Laws (Amendment) Bill, 2018 has been submitted to parliament and is currently under consideration. Main measures of the bill include:
- A change from zero-rated to exempt for VAT purpose for the following supplies:
- The transfer of a business as a going concern by a VAT-registered person to another VAT-registered person;
- Taxable goods for use in the construction of 5,000 housing units (minimum), or a hotel conference facility by a licensed SEZ operator or developer;
- The supply of na…