Tax

Tax transparency: Country-by-Country reporting requirement in Kenya kicks in

What is country-by-country reporting? Multinational Enterprise Groups (MNEs) that are tax resident in Kenya with gross revenues of KSh 95 billion or more are required to submit an annual return of income  for the year 2022 and subsequent years. The return should detail the group’s

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KRA walks a tightrope after government proposes a raft of measures to increase revenue

In the financial year ended June 2022, the Kenya Revenue Authority (KRA) recorded a historic high of KSh2.031 trillion against a revenue target of KSh1.882 trillion, representing a 21.7 per cent growth and the highest ever in its history. Despite this tremendous performance, the government

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Customer inclusion is inevitable in tax administratio

By Grace Wandera Once again, the Kenya Revenue Authority (KRA) is planning to mark the month-long taxpayers’ celebrations in the traditional month of October. A look at this year’s theme “Leaving no one behind” provokes some interesting thoughts.  Given that the payment of taxes is

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