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Showing posts with label tax rules. Show all posts
Showing posts with label tax rules. Show all posts

Wednesday, April 6, 2011

Cigarette tax uneven, says player

Mastermind Tobacco says that the Treasury’s failed attempt to amend tax rules on cigarettes should not be blamed for lower-than expected tax revenues collected by Kenya Revenue Authority (KRA).

The company on Wednesday said that the Treasury’s hybrid system meant to introduce taxes based on physical size of cigarettes and retail selling price of cigarettes could not work because it created discrimination among cigarettes.