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KRA raises taxes on used Mercedes, Mazda imports
Imported Second hand cars at a yard in Mombasa on 14th July 2017. The price escalation comes after the taxman raised the base prices which are used to compute the effective taxes paid on second-hand imports. PHOTO | KEVIN ODIT | NMG
The Kenya Revenue Authority (KRA) has rebased its taxation of used car imports, raising the duty payable on prices of some Mercedes and Mazda models by more than 50 per cent.
The higher taxes will in turn increase the prices of the models by between Sh145,000 and Sh364,000, according to the Kenya Auto Bazaar Association (KABA) which represents second-hand car dealers.
