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software-royalties

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Kenya's Finance Bill 2026 Ends Tax Exemption for Kenya Airways Services and Expands Royalty, VAT DefinitionsAkili88 / Wikimedia (CC BY 4.0)
world2 days agoDeveloping

Kenya's Finance Bill 2026 Ends Tax Exemption for Kenya Airways Services and Expands Royalty, VAT Definitions

Kenya's proposed Finance Bill 2026 deletes a withholding tax exemption for Kenya Airways on payments to non-resident providers. It broadens definitions of management fees and royalties to include digital payments and software. The bill also introduces a new VAT section requiring…

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