- income that is taxed elsewhere as in the case of property dealers;
- issuance by a company of its own shares and debentures;
- transfer of machinery including motor vehicles;
- disposal of property for purpose of administering the estate of a deceased person;
- vesting of property in the hands of a liquidator or receiver;
- transfer of individual residence occupied by the transfer or for at least three years before the transfer;
- compensation by Government for property acquired for infrastructure development;
- transfer of asset between spouses as part of divorce settlement;
- sale of land by an individual where the proceeds is less than Kshs. 3 Million;
- sale of agricultural land by individuals outside gazetted townships where the property is less than 50 acres
- Exchange of property necessitated by : incorporation, recapitalization, acquisition, amalgamation, separation, dissolution or similar restructuring involving one or more companies which is certified by the Cabinet Secretary to have been done in the public interest
- transfer of investment shares by a body exempted under Paragraph 10 of the First Schedule
- transfer of investment shares by retirement benefits scheme registered with Commissioner (this does not include foreign registered retirement schemes)
