Dady News Media

Esther Passaris Advocates for Increasing Withholding Tax on Infrastructure Bonds to 20%

Dady2 months ago2 months ago01 mins

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…

Meg Whitman on Tax Policy and Business Investments

Dady2 months ago01 mins

Meg Whitman emphasizes that taxes are a crucial issue for businesses globally. According to Whitman, American companies seek consistency in tax policies, as stability allows them to plan investments with a clear return horizon. She highlights two main approaches to increasing tax revenue: raising tax rates or expanding the tax base. Whitman advocates for the…