The CGT is normally paid on the profit or gains made by investors when they sell, transfer, or dispose of an asset such as unquoted shares or property including homes, land, and buildings.
By
Dominic Omondi
Business Reporter
Nation Media Group
A foreign firm selling shares in a Kenyan entity abroad will be compelled to pay 15 percent capital gains tax (CGT) under changes proposed in the Finance Bill 2026, in a move that tax experts fear could hurt Kenya’s attractiveness to foreign investors.
The survey shows market reforms and forex liberalisation are improving governance, entry visibility and exit execution.
The Kenya-South Africa Double Tax Agreement was signed in November 2010 and became effective from January 1, 2016.
The government’s determination to widen the tax base reflects an attempt to curb excessive borrowing and restore fiscal stability.
Profits not distributed as dividends are recorded as retained earnings that can be used for expansion, acquisition and buffers…
Federation of Kenya Employers has raised concerns over rising business costs and provisions in the Finance Bill, 2026, that would…
Kenya plans to introduce value-added tax (VAT) on electric buses, lithium-ion batteries and electric bicycles.
