September 25, 2017
Update on Capital Gains Tax – Now only payable after the transfer of property

The question of when a gain accrues on the transfer of property and the point at which Capital Gains Tax is payable has been the subject of dispute between the Kenya Revenue Authority and the Law Society of Kenya.

Following a ruling by the High Court on 21st September 2017, Capital Gains Tax will now only be payable after the successful transfer of property on the actual gain realised from a sale.

Please click here to read the full Capital Gains Tax update by D&I.

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Daly & Inamdar Advocates (previously known as Daly & Figgis) is a leading Kenyan law firm and a member of the Nextlaw Referral Network-In association with Dentons and Mackrell International, an international network of law firms ranked in Band 1 by Chambers Global

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ABC Towers, ABC Place, 6th Floor

Waiyaki Way

P.O. Box 40034

Nairobi-00100

Tel: (+254) 20 – 4297000 or 0711064000

Fax: (+254) 20 – 4448907

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