How the AG scuttled taxman bid to retain Sh17bn revenue
Mutai, Eric
creator
text
xxu
Niarobi
Nation Media Group
2012
monographic
eng
p.1 & 4 Business Daily(October 8, 2012)
-10pc excise duty on fees charged for money transfer by telecoms and banks-sh4.5billion.
-20pc capital gains on mining, oil and gas prospecting companies-sh1.5billion.
-surplus funds from entities such as CBK,CMA,RBA,IRA, phamacy board- sh8billion.
-PAYE from recently awarded salary increment to public service workers-sh5billion.
-Refunds from AMISON operation in Somalia-sh14billion.
-Sh2 billion allocated to KRA to enhance efficiency. Agency commission increased to 2pc of revenues.
Eric Mutai
Tax---Kenya Revenue Authority
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20260707185332.0
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