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Taxation of Kenya’s informal businesses should be data-based

taxes

Presumptive tax involves the use of indirect means to determine tax liability that differ from the standard tax rules.

Photo credit: Shutterstock
RobertMaina

By  Robert Maina

Associate Director

Ernst & Young LLP

The contribution of the informal sector into the national tax kitty has not been in tandem with its size and its overall contribution to the Gross Domestic Product (GDP).

Numerous strategies deployed by the Kenya Revenue Authority (KRA) to bring the sector into the tax net have borne minimal returns.

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