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Corporate tax exemptions cost Kenya Sh114bn annually

Kenya Revenue Authority head office at the Times Tower building in Nairobi. PHOTO | FILE

Kenya is losing $1.1 billion (Sh114 billion) annually through tax exemptions to global corporations, a new report by Oxfam shows.

The loss of potential revenues that could support critical sectors such as health, education and roads has had far-reaching implications on inequality between the rich and the poor.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

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