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

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

kq, kenya airways, national aviation management bill
Share


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…

Read more…


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version