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Tax Incentives on Corporate Bonds

id : 65   cat : Business Tax   
Hi kindly i would like to know the tax treatment of income from corporate bonds and infrastructure bonds.We have not been paying tax on them and now KRA is insisting that we also dissallow a portion of expenditure used to acquire them so that at the end of the day we increase our tax liability?
Asked by : Henry Onkunya
 DOQ : 2016-08-23 09:23:00
   Henry Onkunya

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