Home National Treasury hands tax relief to Sh328b Japanese projects

Treasury hands tax relief to Sh328b Japanese projects

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The Standard | by Dominic Omondi


The government has exempted Japanese workers and companies from paying income tax for projects valued at Sh328 billion.

In a legal notice, National Treasury Cabinet Secretary Ukur Yatani directed that the income that these businesses and workers earned from 15 projects will be exempted from income tax.

Mr Yatani said this was according to Section 13(2) of the Income Tax. “Cabinet Secretary for National Treasury and Planning directs that the income which accrued in or was derived from Kenya by Japanese companies, Japanese consultants and Japanese employees involved in the projects…

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