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Ways Kenya can ease the growing burden of taxation

Ways Kenya can ease the growing burden of taxation
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KRA Tightens Screws to Catch Kenyans Filing False Returns


KRA Tightens Screws to Catch Kenyans Filing False Returns
A Kenya Revenue Authority (KRA) signage on a building
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The Kenya Revenue Authority (KRA) has moved to tighten screws aimed at capturing and punishing Kenyans who file incorrect or incomplete information in their returns.
The proposed drastic measures are captured in the Finance Bill that is before Parliament. The proposed law is set to review a number of taxation laws and curb fraud and tax avoidance cases.
If passed, taxpayers will be liable to a Ksh 100,000 fine for every wrong filing they make to KRA. 
A person who makes a false statement or omits any information required to be included in an information return under 6B shall be liable to a penalty of Ksh 100,000 for each such false statement or omission to imprisonment for a term not exceeding three years, says the bill. ....

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