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KRA fires warning shot at iTax non-compliant company board directors
Board directors have been put on the spot by the Kenya Revenue Authority if their companies fail to migrate to the iTax or file returns on time. FILE PHOTO | NMG
Directors of companies, which fail to file returns and pay taxes will have their personal identification numbers (PINs) suspended until the firms they lead comply with the law, in a in a fresh move meant to plug revenue leakages.
The Kenya Revenue Authority (KRA) says board members will now bear the brunt in the event their companies have dormant PIN numbers that are not linked to the taxman’s online platform, iTax.