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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.
Kenya Revenue Authority (KRA) is unable to tax proceeds from the lucrative business of land dealing, raising fears that its target from capital gains on property could be missed.
A senior Ministry of Lands official told The Standard that new laws would be required to enable collection of taxes from land transactions.
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