KRA exempts Fusion investors from paying tax

Investors who buy the recently launched Fusion Capital D-REIT will not pay tax on their earnings. According to a letter Kenya Revenue Authority wrote to Fusion Capital, Fusion Capital D-REIT had been evaluated and given a tax exemption certificate.

Fusion Capital Group CEO, said: “Evidently, the exemption showcases the Government’s willingness to champion the REIT model in this market, without a doubt the exemption will drive many investors to buy into the REIT.”