The Income Tax Act-Exemption

Legal Notice 272 of 1977

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The Income Tax Act-Exemption
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LAWS OF KENYA

INCOME TAX ACT

THE INCOME TAX ACT-EXEMPTION

LEGAL NOTICE 272 OF 1977

  • Published in Kenya Gazette Vol. LXXIX—No. 44 on 28 October 1977
  • Commenced on 28 October 1977
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
The Cabinet Secretary for Finance and Planning hereby provides that the income of the Danish Turnkey Dairies Limited (a company incorporated in Denmark) in so far as such income represents interest accrued in or derived from Kenya in respect of a loan of eight million, seven hundred twenty-four thousand and nine hundred and sixty-one danish kroner made by the Danish Turnkey Dairies Limited to the Kenya Co-operative Creameries Limited (a Company incorporated in Kenya) under the provisions of a document described as a Form of Agreement dated 16th September, 1972, made between the Kenya Co-operative Creameries Limited and the Danish Turnkey Dairies Limited, shall be exempt from tax.
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31 December 2022 this version