The Kenya Revenue Authority (KRA) failed to collect more than Sh150 billion in taxes as 3,674 taxpayers, mainly big companies, failed to report business transactions valued close to half a trillion shillings, exposing tricks firms employ to dodge taxes.
In the year ending June 2023, some 1,486 businesses categorised as large and medium taxpayers dodged Sh147 billion in taxes after failing to report Sh490 billion in revenues to KRA, the auditor-general has revealed.
