News Formal

Kenya Considers Finance Act Review to Halt Avocado Double Taxation

  • 📰 allafrica
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 99%

Italia Notizia Notizia

The Kenyan government is considering amendments to recently implemented financial laws to prevent double taxation on avocados in response to mounting pressure from farmers concerned about the impact of the new duty.

Currently, Kenyan avocados face a 30 percent duty when accessing the Indian market, this, coupled with the domestic tax, threatens to render Kenyan produce uncompetitive in the global market.

Speaking at his Official Residence in Karen, Nairobi, Mr Gachagua underscored the significant economic potential within the avocado value chain. Following the meeting, it was decided that an intergovernmental consultation would convene within the week to establish parameters to address challenges faced by avocado farmers, including tax issues.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 1. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Superhero in the finance department: Meet Microsoft Copilot for FinanceMicrosoft Copilot for Finance is like having a superhero in your pocket, requiring only a stable WiFi connection, says Emil Henrico, CEO of ISSC Group.
Fonte: ITWeb - 🏆 45. / 51 Leggi di più »