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Sh300bn lost in unpaid alcohol taxes

Kenya: The economy loses more than Sh300 billion annually in unpaid taxes from alcohol, the National Authority for the Campaign against Alcohol and Drug Abuse (Nacada) has said.

The authority said unregistered alcoholic beverage manufacturers do not pay stamp duty, value added tax and income tax to the exchequer, adding that the sector has the potential of remitting more than Sh1 trillion annually.

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