Big companies will be penalised for doing business with suppliers not listed on the electronic tax invoice registry in fresh efforts to weed out tax cheats and boost revenue.
The Kenya Revenue Authority (KRA) says it will not accept invoices from suppliers not captured in the electronic tax invoice management system (e-TIMS), an Internet-enabled tax register that relays real-time sales data to the taxman for firms registered to collect value-added tax (VAT).
