Income Share Agreement – Tax Exemption

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Mutiat asked 2 years ago

Would the Income Share Agreement qualify me for some tax exemption during its payment period?

munaku kimmunaku kim replied 2 years ago

can we have some replies

1 Answers
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Malengo TeamMalengo Team answered 2 years ago

Dear Mutiat, thank you for your question. As far as we know the ISA payments from students to Malengo are not tax deductible, although this is not based on official legal feedback. If you are selected as a Malengo scholar, you will be able to ask such detailed questions in Q&A sessions with a licensed lawyer before entering into a contract with us

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