KRA pursues Sh132bn in evaded tax

Times Tower, the Kenya Revenue Authority offices. PHOTO | NMG

The Kenya Revenue Authority (KRA) has flagged 1,058 companies and individuals for suspected tax evasion amounting to Sh132 billion in the 11 months through May 2021, more than fourfold the decade-long annual average.

The taxpayers under the KRA’s radar for not paying due taxes have nearly doubled the average 529 tax evasion schemes identified annually by the agency’s intelligence unit between 2012 and June 2020.

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Note: The results are not exact but very close to the actual.