Middle East/Africa

Kenyan government abolishes VAT on new aircraft and parts

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Kenyan government abolishes VAT on new aircraft and parts

The Kenyan government has passed amendments to its Finance Bill 2014 which remove VAT taxation on new aircraft and spare parts. Opponents of the taxation policy alleged that it was rendering Kenya’s aviation industry uncompetitive, with AFRAA and IATA becoming involved in the lobbying process.Keny...

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