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@kahawatungu Tue, 26 May 2026 05:28:10

ACCA Opposes 2026 Finance Bill Proposal on Retained Earnings, Tax Timelines

The Association of Chartered Certified Accountants (ACCA) Eastern Africa has opposed provisions in the Finance Bill, 2026, that would require private companies to distribute at least 60 per cent of retained earnings or risk having the amounts treated as deemed dividends for tax purposes. Appearing before the National Assembly Departmental Committee on Finance and National [...] The post ACCA Opposes 2026 Finance Bill Proposal on Retained Earnings, Tax Timelines appeared first on Kahawatungu.

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