Taxman probing 50 firms over VAT fraud

KRA has been cracking down on fake wines and spirits. FILE PHOTO | NMG

The Kenya Revenue Authority is investigating more than 50 companies for Value Added Tax (VAT) fraud-related cases running into billions of shillings, commissioner for intelligence and strategic operation Giithi Mburu disclosed on Monday.

The tax evasion syndicate is prevalent among firms dealing in high-value products such as alcohol and cigarettes, Mr Mburu said.

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