×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
NAIROBI-The East Africa Community (EAC) Partner States will have a harmonized tax system by April 2015, a senior Kenyan government official said on Monday.
Cabinet Secretary in the Ministry of East African Affairs, Commerce and Tourism Phyllis Kandie told a media briefing in Nairobi that negotiations are currently ongoing at the ministerial level. "We shall begin by harmonizing the Value Added Tax (VAT) and the excise taxes," Kandie said during the launch of the 2014 Taxpayers week. Tanzania, Uganda and Rwanda have a VAT rate of 18 percent, while Kenya's figure stands at 16 percent.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join