Kenyan Wall Street | by Jackson Okoth
The Kenya Revenue Authority(KRA) has updated its iTax system as it prepares to start taxing firms and individuals who source their income in the digital marketplace, come January 2021.
The fully-integrated and automated iTax system, which replaced the Integrated Tax Management System (ITMS), has simplified tax processes, shortened the time taken to file iTax returns and increased revenue collection.
The KRA Online iTax portal will now be used by firms and individuals in the digital space to meet their tax obligations…
