Profits not distributed as dividends are recorded as retained earnings that can be used for expansion, acquisition and buffers against shocks.
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Wednesday, May 20, 2026 - 4 min read
Mr Adan Mohamed, a former Cabinet Secretary, was sworn in as the new KRA Commissioner-General on May 20, 2026
Photo credit: Evans Habil | Nation Media Group
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Kenya taps Adan Mohamed to lead KRA amid tax pressure
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Adan Mohamed sworn in as new KRA Commissioner General
KRA says the re-introduction of this amnesty programme is based on previous similar initiatives that were a success in bumping up…
Widespread opposition to tough taxation measures has shifted the responsibility for mobilising higher domestic revenues from the…
Kenya has appointed Adan Abdulla Mohamed as Commissioner General of the Kenya Revenue Authority (KRA), in a major leadership…
According to the Income Tax Act, the rate of Withholding Tax on deemed dividends is five percent for residents and 15 percent for…
The push to create an all-powerful KRA has emanated from pressure to improve domestic revenue mobilization, which has…
KRA has implemented several reforms aimed at improving the taxpayer experience and reducing compliance burdens.
