Esther Passaris Advocates for Increasing Withholding Tax on Infrastructure Bonds to 20%
Nairobi Woman Representative Esther Passaris has proposed a significant increase in the withholding tax on interest income earned from infrastructure bonds. Currently set at 5%, Passaris suggests raising this tax to 20%. This move is aimed at enhancing government revenue and ensuring a fairer contribution from investors benefiting from these bonds. The proposal has sparked…
