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Move on tax flops as revenue falls by Sh7 billion

KRA Commissioner General John Njiraini. [Photo: Boniface Okendo]

A decision by the National Treasury to increase excise tax last year in a bid to increase revenue collection appears to have backfired.

The action, which was also meant to ease the administration of excise taxation, may have had the exact opposite effect, substantially reducing the revenue collected over the first half of the current financial year.

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