Legal Update: The Stamp Duty (Valuation of Immovable Property) Regulations, 2020
The National Treasury and Planning Cabinet Secretary has published in the Kenya Gazette the Stamp Duty (Valuation of Immovable Property) Regulations 2020 (the “Regulations”) which could see an end to the disquiet around private property valuers’ persistent inability to process property deals for stamp duty purposes. The Regulations require that