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What awaits the taxman after high court suspended the minimum tax through conservatory orders

20th April, 2021

The suspension of the minimum tax has granted a temporary reprieve for businesses across the country who had feared that the new tax would escalate the cost of doing business. Though the Kenya revenue authority has vowed to abide by the court’s ruling it has also sought to for an early hearing to determine the matter. So what exactly is at stake for the taxman and for business owners.

 

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