KTN Prime: Kenya to raise tax collection as a percentage of GDP, 25th October 2016

Business | Tuesday 25 Oct 2016 11:56 pm

Kenya plans to raise its tax collection as a percentage of GDP to 25%, up from the current estimated 23% over the next decade to enable the country borrow less funds to finance her infrastructure needs. The move will see treasury review the income tax act by next year to expand the tax net.