KRA maintains stockbrokers should collect capital gains tax
63 views · Published 29 July 2015 · 1:56 · Indexed 28 October 2026
Channel: KBC Channel 1 · 2015 · News & Politics
The Kenya Revenue Authority maintains that stockbrokers should collect capital gains tax from trading transactions on behalf of the government despite a court case filed by the market intermediaries challenging this. KRA in a notice in local dailies has told the stockbrokers to ensure they remit collected sums by 20th of the preceding month. KRA further says stockbrokers would be tasked with collecting withholding tax on traded shares when the levy is introduced next year. Connect with KBC Online; Visit our Website - http://www.kbc.co.ke/ Follow KBC on Twitter - https://twitter.com/KBCChannel1 Find KBC on Facebook - https://www.facebook.com/kbcchannel1news/ Follow KBC on Instagram - https://www.instagram.com/kbcnews_/ #KBCNewsHour
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