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  2. Kenyan taxation system - Wikipedia

    en.wikipedia.org/wiki/Kenyan_taxation_system

    Kenya's taxation system covers income tax, value-added tax, customs and excise duty. The regulations are governed by independent legislators that govern the taxation system, the main legislator, the Kenya Revenue Authority (KRA) has different sections that deal with the above taxes while also having the authority to undertake reviews on various ...

  3. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.

  4. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax.

  5. Kenya Finance Bill 2024 - Wikipedia

    en.wikipedia.org/wiki/Kenya_Finance_Bill_2024

    Amidst protests, the Kenyan government scrapped parts of the bill on 18 June 2024. According to Kuria Kimani, chairman of Kenya’s Finance and National Planning Committee, the proposed tax increases that were scrapped included a 16% value-added tax (VAT) on bread, as well as taxes on motor vehicles, vegetable oil, and mobile money transfers. [26]

  6. Kenya Finance Bill protests - Wikipedia

    en.wikipedia.org/wiki/Kenya_Finance_Bill_protests

    Removal of the 16% VAT on ordinary bread, transportation of sugar cane, financial services and foreign exchange transactions. Removal of the 2.5% motor vehicle tax. Reversal of the proposed 20% excise duty on mobile money payments to the current 15%. Removal of excise duty on imported eggs, potatoes and onions.

  7. Indirect tax - Wikipedia

    en.wikipedia.org/wiki/Indirect_tax

    An indirect tax (such as a sales tax, per unit tax, value-added tax (VAT), excise tax, consumption tax, or tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased. Alternatively, if the entity who pays taxes to the tax ...

  8. 'It could have been my son': Parents to protest over students ...

    www.aol.com/news/could-son-parents-protest-over...

    Schneider said the group was told that the restaurant couldn't accommodate them and they were asked to remove the location from an approved list of restaurants for such field trips.

  9. Missing trader fraud - Wikipedia

    en.wikipedia.org/wiki/Missing_trader_fraud

    Carousel fraud, explained by the Dutch State. Missing trader fraud (also called missing trader intra-community fraud or MTIC fraud) involves the non-payment of Value Added Tax (VAT) to a government by fraudsters who exploit VAT rules, most commonly the European Union VAT rules which provide that the movement of goods between member states is VAT-free.