Kenya Lower House Considers 2026 Finance Bill

The Kenyan lower house of Parliament (National Assembly) May 5 accepted for consideration Bill No. 26, the Finance Bill, 2026. The bill includes measures to: 1) introduce a nonresident rental income tax as a final tax on income derived from property situated in Kenya; 2) expand the definition of royalties to include software-related payments, payment-card network fees, and payment processing system charges; 3) shorten, to the fourth month following the end of the income year from the sixth month, the income tax return filing deadline, and require nil tax returns to be filed within one month after the end of ...