3 results found

On 29 November 2018, High Court Judge Lady Justice Mary Kasango delivered a judgment in the case of David Mwangi Ndegwa (Mr. Ndegwa) v. the Kenya Revenue Authority (Civil Suit No. 541 of 2015) (the KRA).

Kenya's real estate sector operates under an elaborate tax framework that spans acquisition, ownership, and disposal of property. From stamp duty on purchases to capital gains tax on sales, understanding these obligations is essential for both local and foreign investors navigating the market. The absence of inflation adjustments in capital gains calculations and valuation disputes with tax authorities present ongoing challenges for property holders.