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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 Kenya Revenue Authority (KRA) [2] was established by an Act of Parliament, the Kenya Revenue Authority Act, which became effective on 1 July 1995. The Authority is charged with collecting revenue on behalf of the Government of Kenya.
Malaysia's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
Other rules and acts include Development Surcharge and Levy (Imposition and Collection) Act, 2015; [42] and Value Added Tax and Supplementary Duty Rules, 2016. [43] Anyone who collects VAT becomes a VAT Trustee if they: register and collect a Business Identification Number (BIN) from the NBR; submit VAT returns on time; offer VAT receipts ...
Vehicles first registered before June 30, 2009 are taxed according to engine displacement and national/European emission class, whereas vehicles which were registered after that date are taxed solely based on CO 2 emission in grams per km (g CO 2 /km). An on-line tax calculator has been made available. [9] The CO2 Price ist up to 4 Euros per ...
Kra or KRA can refer to: Kenya Revenue Authority; Key result area, a management term; Kra (band) Kra (letter) Kra Isthmus; Kra Peninsula; Kra River, Malay Peninsula;
In economics, a duty is a target-specific form of tax levied by a state or other political entity. It is often associated with customs , in which context they are also known as tariffs or dues . The term is often used to describe a tax on certain items purchased abroad.
After the registration of vehicle KCZ 999Z, the fifth generation was started in early 2020 with KDA 001A. The series will run from KDA 001A to KDZ 999Z. A new look of the Vehicle registration Plates was launched in August 2022. These new plates incorporate microchip technology, various anti-counterfeit features and a FE-Schrift font.