KENYA
BAT calls for stable taxes

Days after announcing a 21.2 per cent drop in its net profit, BAT Kenya has called for a more “stable” tax environment, according to a story in Business Daily.

Speaking to media, BAT Kenya Managing Director Beverly Spencer-Obatoyinbo encouraged the government to maintain a stable operating environment for the company, saying smaller tax increases for tobacco products means revenues can be easier to predict. She said such an environment would also benefit consumers and the government.
“Smaller increases in specific excise rates are easier for us to manage and easier for the consumer to handle and will give consistent revenue gains for the government,” Spencer-Obatoyinbo was quoted as saying.
The Treasury introduced a split tax rate in March 2017, where filtered cigarettes are taxed at KES 2.50 (EUR 0.01) per stick and non-filtered cigarette sticks are taxed at KES 1.80. Previously, both types of cigarettes had been taxed at the uniform 2015 excise rate of KES 2.50.
The government is now under pressure from tobacco control advocates to raise taxes on cigarettes from KES 2.50 to SEK 3.25, the newspaper reported.
BAT Kenya’s net profit for 2017 fell 21.2 per cent to KES 3.3 billion (EUR 26.1 million), business Daily said.

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