Should the new proposal be adopted, it will give the Treasury unfettered freedom to increase or lower VAT as it wishes.
Source: the-star.co.ke
Latest Posts in "Kenya"
- Kenyan Tribunal Bars KRA From Withholding VAT Credits During Tax Disputes, Easing Cash Flow Strain
- VAT Exemption for Insurance Intermediaries Does Not Cover Asset Management Services, Tribunal Rules
- Tax Tribunal Rules County Revenues Exempt from VAT, Sides with Kiambu Against KRA
- MP Amisi Urges Government to Halve VAT on Fuel to Shield Kenyans from Imminent Crisis
- Kenya Tribunal: Asset Management Services Subject to 16% VAT, Not Exempt as Insurance Business
