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The Income Tax Act-Exemption

Legal Notice 129 of 1978

This is the latest version of this Legal Notice.
The Income Tax Act-Exemption
Citation
Legal Notice 129 of 1978
Primary work
Income Tax Act
Date
Language
English
Type
Legal Notice
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LAWS OF KENYA

INCOME TAX ACT

THE INCOME TAX ACT-EXEMPTION

LEGAL NOTICE 129 OF 1978

  • Published in Kenya Gazette Vol. LXXX—No. 30 on 28 July 1978
  • Commenced on 28 July 1978
  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 Guinness Mahon & Company Limited (a company incorporated in the United Kingdom of Great Britain and Northern Ireland), in so far as such income represents interests accrued in or derived from Kenya in respect of a Loan of four million six hundred and fifty thousand pounds sterling (equivalent to approximately sixty-five million eight hundred and forty-four thousand Kenya shillings) made by Guinness Mahon & Company Limited to the Kenya Furfural Company Limited (a company incorporated in Kenya) under the provisions of a document described as a Financial Agreement dated 21st day of July, 1977, made between the Kenya Furfural Company Limited and Guinness Mahon & Company Limited, shall be exempt from tax.
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History of this document

31 December 2022 this version
28 July 1978
Commenced
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