Kenya to reinstate VAT on oil products

Joe Stanley-Smith

October 29, 2015

The Kenyan government wants to raise more revenue by reinstating VAT on all oil products, but the proposal would cause a fuel price rise and could reduce the attractiveness of the country as an investment location.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login

More from across our site

Experts say UK online sales tax would hold back businesses

Tax professionals have called on the UK government to reconsider its online sales tax as it would affect the economy at the worst time.

Siqalane Taho, June 29, 2022

E-invoicing compliance demands company attention: tax experts

Tax professionals have called on companies to act urgently to meet e-invoicing compliance targets as the EU plans to ramp up digitisation.

Siqalane Taho, June 29, 2022

Sponsored

Looking inward and outward – ITR’s India Special Focus launched

In the wake of India’s ambitious 25-year plan for economic growth, ITR has partnered with leading tax commentators to discuss what the future will look like for India and for the rest of the world.

Alice Jones, June 29, 2022

LONDON, UK - January 24th 2019: HMRC, Her Majesty's Revenue and

HMRC reports £32bn tax gap for FY 2020-21

But experts cast doubt on HMRC's data and believe COVID-19 would have increased the revenue shortfall.

Leanna Reeves, June 27, 2022

EY’s ‘Project Everest’ could boost business but not the brand

EY’s plan to separate its auditing and consulting businesses might lessen scrutiny from global regulators, but the brand identity could suffer, say sources.

Danish Mehboob, June 27, 2022

Row of microphones, flags, papers and other on long table in conference hall

Businesses call on G7 leaders for meaningful carbon taxes

Multinationals are asking world leaders to put a scale on carbon pricing to tackle climate change at the 48th G7 summit in Germany, from June 26 to 28.

Danish Mehboob, June 27, 2022

Budapest city skyline at Hungalian Parliament and Danube River,

Hungary rejects plan for 15% corporation tax rate

The state secretary told the French press that the country continues to oppose pillar two’s global minimum tax rate following an Ecofin meeting last week.

Leanna Reeves, June 24, 2022

This week in tax: Biden’s energy tax holiday runs out of gas?

This week the Biden administration has run into opposition over a proposal for a federal gas tax holiday, while the European Parliament has approved a plan for an EU carbon border mechanism.

Josh White, June 24, 2022

Women in Business Law Awards EMEA 2022: winners revealed

12th annual awards announce winners

John Harrison, June 24, 2022

Microsoft makes the case for better tax data management

Businesses need to improve on data management to ensure tax departments become much more integrated, according to Microsoft’s chief digital officer at a KPMG event.

Josh White, June 23, 2022

Kenya to reinstate VAT on oil products

The Kenyan government wants to raise more revenue by reinstating VAT on all oil products, but the proposal would cause a fuel price rise and could reduce the attractiveness of the country as an investment location.

Unlock this article.

Tags

More from across our site