The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
KRA Commissioner General Humphrey Wattanga. [Courtesy]
In an increasingly interconnected global economy, the complications of taxation systems have increased, raising concerns over double taxation.
Double taxation is the state where multiple countries levy taxes on the same income or asset, therefore presenting a challenging obstacle for cross-border commerce. This financial burden not only discourages investment but also complicates tax compliance and distorts economic incentives, especially for emerging economies like Kenya.
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