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Capital gains tax to be increased from 5% to 20%
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KulaRaha
#11 Posted : Wednesday, May 16, 2018 10:58:18 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Where is the kumira kumira brigade?

Look what you have done.
Business opportunities are like buses,there's always another one coming
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kawi254
#12 Posted : Wednesday, May 16, 2018 11:11:01 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
KulaRaha wrote:
Where is the kumira kumira brigade?

Look what you have done.


Irregardless of who won debts will still have to be paid by taxes.

Dawa ya deni ni kulipa
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KulaRaha
#13 Posted : Wednesday, May 16, 2018 11:20:22 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
kawi254 wrote:
KulaRaha wrote:
Where is the kumira kumira brigade?

Look what you have done.


Irregardless of who won debts will still have to be paid by taxes.

Dawa ya deni ni kulipa


Kumira kumira!
Business opportunities are like buses,there's always another one coming
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kayhara
#14 Posted : Wednesday, May 16, 2018 4:26:46 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
There is a limit to how much citizens are willing to pay tax, too little the government makes no money, too high and citizens abandon the item or service being taxed,GoK saw what happened with the earlier capital gains on shares, and the other tax on used cars and recently the tax on cheap liquor.
To Each His Own
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murchr
#15 Posted : Wednesday, May 16, 2018 4:30:38 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
kayhara wrote:
There is a limit to how much citizens are willing to pay tax, too little the government makes no money, too high and citizens abandon the item or service being taxed,GoK saw what happened with the earlier capital gains on shares, and the other tax on used cars and recently the tax on cheap liquor.


Njiraini has run out of ideas, he should retire this country is not short of people. KRA has come up with nothing substantive since Waweru.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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gatoho
#16 Posted : Thursday, May 17, 2018 6:52:53 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
KulaRaha wrote:
kawi254 wrote:
KulaRaha wrote:
Where is the kumira kumira brigade?

Look what you have done.


Irregardless of who won debts will still have to be paid by taxes.

Dawa ya deni ni kulipa


Kumira kumira!


Blowing-your-nose Blowing-your-nose!!
Foresight..
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mikanjoroge
#17 Posted : Thursday, May 17, 2018 10:29:49 AM
Rank: New-farer

Joined: 6/13/2016
Posts: 47
Location: kenya
KulaRaha wrote:
Where is the kumira kumira brigade?

Look what you have done.


Dealing with the new news and are speechless due to the Sonko-Miguna marriage shocker.
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mulla
#18 Posted : Thursday, May 17, 2018 12:42:35 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
mikanjoroge wrote:
KulaRaha wrote:
Where is the kumira kumira brigade?

Look what you have done.


Dealing with the new news and are speechless due to the Sonko-Miguna marriage shocker.

If this marriage happens its a confirmation that this guy doesn't know what he is doing and is overwhelmed by the job...and to consider the sea of all the corporate types he could choose!!!
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Metaur
#19 Posted : Wednesday, April 24, 2019 12:40:16 PM
Rank: New-farer

Joined: 2/12/2019
Posts: 58
Do you know any country in the world which have like 20% on capital gains ? Capital gains - means tax for rich people. I assume it will never be like that. Income, some county/state and sort of added sale tax is for rest of the world - poor ones, they will never do that I think, but let me know;)
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