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KENYA: LATEST TAX UPDATES

For the latest tax updates and more from Mbaya & Associates in Nairobi, please click here

US: Tax Reform - Deductibility of Travel, Meals & Entertainment

The Tax Cuts and Jobs Act has altered many provisions related to a business's ability to deduct expenses incurred for travel, meals, and entertainment. The new provisions will apply to expenses incurred after December 31, 2017 and before January 1, 2026, barring any further action by congress, at which point additional provisions will take effect.  [Read More]
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