Home Business Firms, KRA fail to strike tax rise deal on 31 goods

Firms, KRA fail to strike tax rise deal on 31 goods

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Business Daily | by Constant Munda

A meeting between the Kenya Revenue Authority (KRA) and manufacturers over planned increases in taxes on more than 30 goods including fuel, bottled water, juice and beer from October failed to reach an agreement on Thursday.

KRA said it needs time and legal advice on a petition by the Kenya Association of Manufacturers (KAM), which seeks to freeze the automatic tax adjustment from October 1…

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