By
Kepha Muiruri
Business Reporter
Nation Media Group
Members of Parliament have foiled fresh attempts to increase the powers of the Kenya Revenue Authority (KRA) Commissioner General, including granting the taxman sweeping powers on asset seizures.
The push to create an all-powerful KRA has emanated from pressure to improve domestic revenue mobilization, which has underperformed, by enhancing enforcement action.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Members of Parliament have foiled fresh attempts to increase the powers of the Kenya Revenue Authority (KRA) Commissioner General, including granting the taxman sweeping powers on asset seizures.

Repeated attempts by Kenya’s Treasury to expand KRA’s enforcement powers have again been blocked by MPs, reflecting ongoing…

Repeated attempts by Kenya’s Treasury to expand KRA’s enforcement powers have again been blocked by MPs, reflecting ongoing…

Widespread opposition to tough taxation measures has shifted the responsibility for mobilising higher domestic revenues from the…

KRA is set to assume unprecedented powers that critics say will make it judge, jury, and executioner in tax disputes.

Profits not distributed as dividends are recorded as retained earnings that can be used for expansion, acquisition and buffers…

The Finance Bill has proposed expanding the definition of management fees, professional fees and merchant service fees arising…

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