Treasury gets Parliament’s backing to exempt KQ from minimum tax

kq, kenya airways, national aviation management bill


The Standard | by Macharia Kamau


Parliament has backed Treasury’s plans to exempt Kenya Airways (KQ) from paying minimum tax in a move that offers a reprieve to the loss-making firm.

The tax became effective January this year and firms are required to pay it or normal corporate tax, whichever is higher and whether making profit or loss…

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kq, kenya airways, national aviation management bill


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