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New KRA unit sets sights on higher taxes from drinks
The Kenya Revenue Authority headquarters in Nairobi, which is seeking to raise more revenue from tax stamps on products like water and juices. Photo/File
The taxman is setting up a unit with 300 officers to eventually police water and juice products for tax compliance as it introduces new-generation tax stamps.
In a sweeping measure aimed at raising an extra Sh6 billion, which could particularly hit non-compliant vendors of non-alcoholic drinks, the Kenya Revenue Authority (KRA) has competitively procured the services of a Swiss security print firm, SICPA, for the five-year programme.
