KRA unlocks Sh15.2bn taxes from mediation

Times Tower in Nairobi, the Kenya Revenue Authority headquarters. FILE PHOTO | DENNIS ONSONGO | NMG

The Kenya Revenue Authority recovered Sh15.2 billion from out-of-court settlements with firms and individuals, slightly less than half the value two years ago despite resolved cases nearly doubling.

According to the taxman, some 1,038 disputes were successfully concluded through Alternative Tax Dispute Resolution (ADR) last financial year.

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