Kenyan manufacturers and traders risk a Sh1 million fine or a jail term of three years if they fail to install upgraded electronic tax registers (ETRs) at their premises in the next one month, which will grant the taxman real-time access to invoices.
KRA will require businesses to buy and deploy the new Internet-enabled ETRs that track invoicing at every turn of a transaction to assess the tax dues promptly by July 31.
