Public Finance and Taxation in Kenya: Tools and Theories at the Service of Citizens

This book covers Public Finance and Taxation. Under Public Finance, this book covers the nature and functions of public finance, sources of government revenue, and public expenditure. This book also covers the national budget, the National Treasury, and theories of public expenditure. Under Taxation, this book covers Taxation and its theories, taxable income, Taxation of individuals and non-individuals, co-operatives and clubs and members associations, assessments, and objections and appeals. It also covers capital gain, value-added tax, and tax administration. Finally, this book provides the legal authorities upon which it is based. Thus, the Tax Procedure Act 2015, the Tax Appeals Tribunal Act, the Kenya Revenue Authority Act, the Value Added Tax Act 2013, and the income Tax Act are provided. This book is based on current Acts and contains materials suitable for students, researchers, and academicians in public finance, Taxation, and economics.