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Engineers Board of Kenya vs. Jesse Waweru Wahome & Others Civil Appeal No. 240 of 2013

DEEMED INTEREST

Withholding tax on deemed interest becomes payable immediately and cannot be deferred until the loan is repaid, particularly in situations where no loan agreement exists to define repayment terms or timing.

Resource Information
Author
Firu
Category
Litigation Corner, Pleading Aids
Firu Africa

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