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The Standard Group Plc is a
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influence in matters of national and international interest.
Kenya has ratified a double taxation agreement with the United Arab Emirates (UAE) that Treasury aims will attract investment from the petrol-rich Arab countries.
The agreement seeks to avoid double taxation on earnings that private companies with operations both in Kenya and UAE derive, in an attempt to attract investment. On top of that, shareholders in such companies will also be exempt from the taxes.
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