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The Income Tax Act-Exemption

Legal Notice 258 of 1978

This is the latest version of this Legal Notice.
The Income Tax Act-Exemption
Citation
Legal Notice 258 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 258 OF 1978

  • Published in Kenya Gazette Vol. LXXX—No. 53 on 29 December 1978
  • Commenced on 29 December 1978
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
The Cabinet Secretary for Finance hereby (provides that the income of the European Investment Bank (an institution established by the Treaty of Rome having its. Head Office provisionally in Luxembourg, in so far, as such income represents interest accrued in or derived from Kenya in respect of a loan of twelve million European Units of Account (equivalent to approximately one hundred and twelve million Kenya shillings) made by the European Investment Bank to the Government of Kenya for the Upper Tana Reservoir Project under the provisions of a document described as a Finance Contract dated 3rd October, 1978 made between the Government of Kenya and the European Investment Bank, shall be exempt from tax.
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History of this document

31 December 2022 this version
29 December 1978
Commenced
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