KRA to track mobile money transactions in tax cheats purge

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A Safaricom's M-Pesa app user. FILE PHOTO | DIANA NGILA | NMG

Mobile money transactions will now be on the Kenya Revenue Authority’s (KRA) radar after it links its system to telecommunication companies as the taxman moves to increase tax compliance.

KRA will be tracking the 16 percent value-added tax (VAT) on sales as well as the 20 percent excise duty charged on transactions. Customers also pay a 20 percent excise duty on airtime.

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