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Tax waivers hurt State revenue as firms suffer

Controller of Budget Dr Margaret Nyakang'o.

Tax reliefs and the shutdown of businesses during the pandemic have severely dented the government’s revenue collection, a report by the Controller of Budget shows.

According to the National Government Budget Implementation Review report released this week, tax revenue declined by Sh35 billion to Sh317 billion between July and September compared to a similar period in 2019.

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