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 Form 4 History and Government Paper 1 Exam Revision Questions and Answers

Discuss the sources of government revenue in Kenya.

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Answer Text:
-Direct taxes (income tax, corporate tax)
-Indirect taxes, that is, custom duties and value added tax
-Loans-both external and internal sources.
-Grants from foreign government or international bodies
-Profits from parastatals and from other investments.
-Fines imposed on offenders by courts of law.
-Loans repayment-it gets revenue from the interest on loans repayment from public institutions.


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