MCAK backs proposed 5% presumptive tax on mitumba imports
The Mitumba Consortium Association of Kenya (MCAK) has announced its support for the proposed tax framework that would require mitumba importers to make a one-time final tax payment at port of entry, based on a presumed 5% profit margin taxed at 30%, describing the framework as a fair, moderate, and predictable mechanism that safeguards livelihoods
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