Cabinet Secretary for Cooperatives and MSMEs Wycliffe Ambetsa Oparanya ( r) with KUSCCO Group Managing Director Arnold Munene ( l) and National Chairman David Mategwa.Photo by Obegi Malack

KUSCCO seeks review of Tax Act for more equitable tax treatment for Saccos

Kenya Union of Savings & Credit Cooperatives (KUSCCO) has proposed amendments to Section 19A of the Income Tax Act to create a more equitable and neutral tax framework for all cooperative societies in Kenya, regardless of their form The current Income Tax Act (ITA) in Kenya presents a differential treatment between cooperative societies that is…

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