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Kenya: 39 Kenyan Banks Contribute Sh181.27 Billion in Taxes to Govt

Kenya: 39 Kenyan Banks Contribute Sh181.27 Billion in Taxes to Govt
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Banks paid Sh42 out of every Sh100 profit to state in 2022

39 Kenyan banks contribute Sh181.27bn in taxes to Govt

39 Kenyan banks contribute Sh181.27bn in taxes to Govt
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New rules to boost transfer pricing, tax transparency

Effective July 1, 2022, entities in Kenya that are members of a multinational enterprise group (MNE) whose annual turnover is at least Sh95 billion will be required to submit transfer pricing.

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Banking sector tax contribution hits 5 year high in 2021

NAIROBI, Kenya, Aug 3 – The Kenyan banking sector registered the highest tax contribution in five years, a new survey shows. The survey which was prepared Kenya breaking news | Kenya news today |

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