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KRA now gets powers to act against tax avoiding companies
The Kenya Revenue Authority (KRA) commissioner-general John Njiraini. PHOTO | SALATON NJAU
Companies that use legal loopholes to reduce their tax burden now stand to pay hefty fines, following publication of new rules bringing into force the Tax Procedures Act 2015.
The law gives the Kenya Revenue Authority (KRA) powers to go after taxpayers who have been using such gaps to avoid paying taxes without falling foul of the law.
