Home Business Treasury in fresh bid for 20pc tax rate on betting

Treasury in fresh bid for 20pc tax rate on betting

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Business Daily | by John Mutua


The Treasury has vowed to push for the reintroduction of excise duty on betting at a rate of 20 percent of the amount staked, in a move it says is aimed at curbing the rise of the gaming addiction among the youth.

Treasury Cabinet Secretary Ukur Yatani said the ministry would propose an…

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