もっと詳しく

Counties will be required to seek Treasury approvals at least ten months in advance before imposing new taxes, fees, levies and other charges if new MPs approve changes to the law. In the proposed law being supported by the Treasury, counties planning to impose any new taxes will be required to submit their plan 10 months before the commencement of the financial year, to the National Treasury and Commission on Revenue Allocation (CRA). Currently, counties impose or vary taxes, fees levy and other revenue-raising measures without the approval of the National Treasury. The County Governments (Re…