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- Dividends from companies are charged a withholding tax of 5% which is final tax.
- The income of a collective investment scheme created by employers and employees is not taxable.
- Floatation costs of new shares in the securities exchange are tax deductible.
- Venture capital firms enjoy a 10 year tax holiday.
- Newly quoted companies enjoy a lower corporate tax of 20%.
Wilfykil answered the question on February 13, 2019 at 08:14