MPs back Treasury bid to exempt KQ from 1pc minimum tax

kq, kenya airways, national aviation management bill


Business Daily | by John Mutua


Parliament has backed Treasury’s decision to exempt loss-making Kenya Airways and its subsidiaries from paying the minimum tax set at one percent of gross turnover.

The National Assembly committee on Delegated Legislation approved the exemption, a lifeline for the national carrier grappling with mounting losses in the wake of the Coronavirus disruptions…

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kq, kenya airways, national aviation management bill


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