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Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration /
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2024-05-19 09:03:05

Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration on Nostr: Kenyan Government Urges Tax Compliance Amid Economic Challenges =============== ...

Kenyan Government Urges Tax Compliance Amid Economic Challenges
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#fdc7bb54 ver:0.15

The Kenyan government urges tax compliance to address economic challenges caused by tax hikes. The government emphasizes the importance of tax collection for critical services and development programs. However, concerns remain about the effectiveness of these measures in combating financial crimes and stimulating economic growth. The US Ambassador advises expanding the tax base and investing in the manufacturing sector. The Kenya Revenue Authority faces a massive revenue shortfall, leading to deficits in various tax categories. The government plans to increase tax collections from the digital economy through proposed amendments to the Income Tax Act. In South Africa, citizens express frustration with inadequate services despite paying taxes. #TaxCompliance #EconomicChallenges #Kenya #TaxHikes #DigitalEconomy #SouthAfrica...

#newstr #KenyanGovernment #TaxCompliance #EconomicChallenges #FinanceBill2024 #TaxAmendments #OnlineBusinesses #Freelancers #SouthAfricanCitizens #GovernmentServices

https://here.news/story/fdc7bb54?ver=0.15
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