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Kenya: Kenya Revenue Authority and Stockbrokers might settle their differences on capital gains tax (CGT) out of court after their lawyers said they would file an agreement immediately negotiations are completed.
In a consent by both parties before High Court judge Isaac Lenaola, KRA and Kenya Association of Stockbrokers and Investment Bankers (Kasib) agreed that they would negotiate and come up with a deal on the contentious law that had prompted the brokers to seek redress.
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