Home Business Sh100,000 fine for every false entry in tax returns

Sh100,000 fine for every false entry in tax returns

kenya revenue authority kra, taxation, tax, revenue collection
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Business Daily | by John Mutua


Individuals filing tax returns face a Sh100,000 for each false or incomplete information presented to the Kenya Revenue Authority (KRA) as the State intensifies the fight against dodgers.

The penalties for the information breach, which also carry a three-year jail term, will also apply to employers and business partners, says the Finance Bill that is before Parliament and seeks to review a number of taxation laws…

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