Motor vehicle importers reject import tax
20 June 2013, 12:12
Nairobi - The Star reports the proposed 1.5 per cent tax to develop railway set to be imposed on imported goods has been rejected by car importers.
The traders called on President Uhuru Kenyatta's intervention in the matter and reduce tax, saying that if imposed, the cost of imported goods like fuel, wheat, cars, rice, diapers and infant formula will go up.
Treasury expects to raise KES 15 billion from the tax to construct a railway line from Mombasa to Kisumu.
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