Kenyan National Assembly Considering Capital Gains Tax Exemption for Internal Reorganizations

Kenya's National Assembly is considering the Income Tax (Amendment) Bill 2026, which provides tax relief during corporate restructurings. The Bill includes provisions to exempt the transfer of property from a company to its shareholders from capital gains tax, provided the transfer is part of an internal reorganization. The transfer of property to a company by its shareholders as consideration for the first-mentioned transfer is also exempt. An internal reorganization is defined as a restruc…