Business Daily | by Sam Kiplagat
Betting firms and a group of gamblers have lost their bid to quash a 7.5 percent excise duty imposed on cash they have set aside in their wallets for gaming.
High Court judge George Odunga dismissed a petition filed by the punters and betting firms stating that levying excise duty on stakes is proper and lawful.
The judge further dismissed claims by the petitioners that imposing the excise duty amounts to double taxation since…
