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KRA targets real estate firm directors in Sh20bn tax probe

KRA headquarters Times Tower in Nairobi. FILE PHOTO | NMG

The Kenya Revenue Authority (KRA) says it is poring through bank records, tax returns and other transaction details of more than 30 real estate companies in effort to recover up to Sh20 billion.

Among the firms on the KRA radar are Banda Homes, Greenspan, Superior Homes Kenya and Nexgen Office Suites, Muga Developers and Chigwell.

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

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