Githae proposes major changes in tax laws
15 June 2012, 10:46
Nairobi - In an attempt to reform the tax system for greater efficiency and effectiveness, Capital News reports that Finance Minister Njeru Githae has proposed the amendment of several tax laws.
Speaking in Parliament while presenting the budget statement for the fiscal year 2012/2013, Githae proposed to amend the Customs and Excise Act to ensure that no person enjoys tax exemption by the virtue of holding a State office and to ensure fast processing of applications for renewal of excise licenses.
Githae acknowledged the need to enhance the tax dispute resolution mechanism in order to instill professionalism and equity in the administration of tax cases.
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