submitted 7 months ago by Samuelwriter_ke
- Starting from July 1st, the Kenya Revenue Authority (KRA) will use a new system called Current Retail Selling Price (CRSP) to calculate taxes on imported used cars, based on the actual price paid for the vehicle to make valuations more accurate and fair.
- This change aims to prevent overestimation of car prices, leading to fairer tax calculations and fewer disputes between importers and the KRA.
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