- Kenya has revoked VAT on exports to boost global competitiveness
- Domestic VAT regulations have been tightened, with all goods and services subject to VAT
- All goods, whether imported or produced locally, will be subject to VAT
- Exported services from Kenya will no longer be subject to VAT
- The government aims to expand the tax base and increase revenue
- Critics argue that the broad application of VAT will impact low-income households
- Proponents believe a more consistent tax regime will lead to a more equitable distribution of tax burden
Source: kenyans.co.ke
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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