The Kenya Revenue Authority (KRA) has opened a new battlefront with lawyers as it seeks to collect taxes on interest earned on billions of cash held in client accounts in a far-reaching move that has sent shockwaves in the legal profession.
The Business Daily has obtained correspondence in which the KRA is demanding tax details for a law firm dating back five years, even as the Law Society of Kenya (LSK), a professional body for lawyers, hits back at what it insists is an overreach by the taxman that is under pressure to collect Sh2.57 trillion in taxes this financial year.
