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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 companies and corporations.
The Salaries and Remuneration Commission is a Kenya government Commission established under the Salaries & Remuneration Commission Act, 2011. [1] Its independence is guaranteed in the Constitution of Kenya .
As of 21 June, a value-added tax on electric bikes, buses, and solar and lithium-ion batteries. [5] The Associated Battery Manufacturers, a Nairobi-based group, has criticized this, stating that it would increase the cost of a solar battery in Kenya by $312 (45,000 Kenyan shillings). [5] As of 21 June, a 6% Significant Economic Presence tax. [5]
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.
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
From January 2008 to June 2010, if you bought shares in companies when Garnett L. Keith, Jr. joined the board, and sold them when he left, you would have a -67.5 percent return on your investment, compared to a -26.9 percent return from the S&P 500.
Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. [2]
From January 2008 to May 2009, if you bought shares in companies when James R. Houghton joined the board, and sold them when he left, you would have a -24.9 percent return on your investment, compared to a -39.2 percent return from the S&P 500.