In this episode recorded on 23.02.2023, we are joined by Wambui Mbarire - RETRAK Kenya CEO, Job Wanjohi - KAM Head of Policy Research and Advocacy, Robert Waruiru - ICHIBAN Tax Advisory Founder, and Frida Mbugua - EABL Head of Public Policy. we discuss the impact of rising excise duties.
We cover the origin of excise duty, why KRA is falling short on excise stamp sales, the importance of tax regime predictability, and public participation in tax proposals.
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Show Notes
00:00:00 Introduction
00:06:07 Excise Duty, Origin, and Importance
00:15:55 Why Is KRA Falling Short On Excise Stamp Sales?
00:22:02 Impact of Increasing Stamp Prices on Retailers
00:28:22 Handling Public Tax Proposals
00:33:25 Tax Regime Predictability
00:36:28 Impact On Farmers, Health, and Citizens’ Wellbeing
00:51:15 Inflation Adjustment and Public Participation
00:58:42 Closing Thoughts
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