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INSET: FKF President Nick Mwendwa Addressing the press. PHOTO: Courtesy
Football Kenya Federation (FKF) has petitioned the Government to consider reviewing a recent proposal to levy a 50 per cent tax on betting companies.
The proposal, contained in the Finance Bill 2017 and announced by Treasury Cabinet Secretary Henry Rotich in his recent Budget Statement, seeks to increase the current tax rate payable under the Betting, Lotteries, and Gambling Act to 50 per cent.
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