Business Daily | by Constant Munda
Taxes from company profits surpassed the Treasury’s target by Sh3.05 billion in three months ended September, indicating businesses recovered from Covid-19 economic hardships at a faster pace than projected.
The Kenya Revenue Authority (KRA) collected Sh79.69 billion in the July-September period from taxes payable on income, profit and capital gains by corporations and enterprises against a target of Sh76.64 billion.
The corporation taxes over-performed the Treasury goal at a time business deals in the private sector…
