Capital Gains Tax Archives – CEO East Africa

PROFESSIONAL OPINION: The proposed Capital Gains Tax reforms in the Income Tax (Amendment) Bill, 2023 will do more harm than good if passed into law

by Prosper AhabweIndustry & Analysis Thought LeadershipMay 19, 2023June 12, 2023

Capital gains arise when you sell an asset for more than you originally bought it. There are two kinds of assets in the Income Tax Act; a depreciable asset and…