FAUSTIN MWINZI: Stability in tax policy key to investor confidence

Every new tax makes a demand on the assessors and the payers to learn it

In Summary

• The injudicious change in fiscal laws offend the second maxim in taxation, which is certainty.  

• Stability is a close relative to certainty and the relationship is, certainty deals with a current situation while stability deals with how that situation will be in future.

Every second Thursday of June is a special day in Kenya’s fiscal calendar.

This is the day people wait for surprises and reliefs, the hits and misses, goodies and losses, all contained in the ...

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