Questions & Answers    
Account name: 


Partnership Taxes

id : 47   cat : Business tax   
The income tax act is not very clear on partnership taxation. Is it PAYE or corporation tax? I need to understand this more.
Asked by : Samuel Ngicho
 DOQ : 2016-06-25 21:00:00
   Samuel Ngicho
Thanks brothers for the timely response
   Samuel Ngicho    Samuel Ngicho  2016-06-25 21:00:00

Other Answers


For partnership is are the one to pay....partnership is not a legal entity
 votesDOWN : 0    votesUP : 0
: Njenga Moses  DOA   2016-06-25 21:00:00


For partnership, the partners will split their net profits as the partnership deed and thereafter each of the partners will do individual tax return and tax deductible as in PAYE.
 votesDOWN : 0    votesUP : 0
: Vincent Ongera  DOA   2016-06-25 21:00:00

my Suggested answer
(0) @2014-2020 All rights reserved
Powered by :