Kenya - Taxing Cooperative Societies
- B. Nyamori
- Derivatives & Financial Instruments, 2018 (Volume 20), No 1
- 2 February 2018
The author discusses the taxation of cooperative societies under the Kenyan Income Tax Act, with particular focus on section 19A. The article traces the history evolution of the tax provisions for cooperative societies, highlights their importance and legal and institutional framework governing their operations and analyses recent court cases touching on taxation of interest earned from lending to members under front office operations.