- Kenya’s finance ministry is working to reintroduce some of the tax measures from the Finance Bill 2024, which were previously withdrawn after deadly protests that resulted in over 60 deaths and the dismissal of President William Ruto’s entire cabinet.
- The initial bill aimed to raise 344 billion shillings ($2.7 billion) in additional revenue but faced significant opposition. The original tax measures, which included increased levies on essentials like bread and diapers, were scrapped amid intense protests.
- Potential measures include extending a tax amnesty, addressing VAT refund issues, and modifying the tax status of critical commodities to balance revenue needs and public impact.
Source GlobalVATcompliance
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