What tax relief suspension means for companies

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Ensure transparency in the excise stamp tender to reduce tax burden. FILE PHOTO | SHUTTERSTOCK

The Kenya Revenue Authority (KRA) announced on February 28, the suspension of various tax reliefs, a directive that has left several taxpayers confused.

The KRA issued follow-up statements to clarify the earlier one, but it did little to answer all the questions arising from the implementation of the suspension.

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