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The Kenya Association of Air Operators (KAAO) has cautioned that the proposed 16 per cent Value Added Tax in the Finance Bill 2024 could jeopardise the air transport sector's edge in the market.
Engineer Liz Aluvanze, CEO of KAAO, remarked that the new tax measure might repel potential investors. During a broadcast on Spice FM, she outlined the bill's implications for both consumers and the investment climate.
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