Tag: KPMG
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Government Tightens Tax Grip as Sophisticated KRA Systems Pile Pressure on Businesses
The government is tightening the tax noose on businesses by rolling out more sophisticated, real-time surveillance systems that could push non-compliant and financially strained firms to the brink of closure. Audit firm KPMG has warned that the Kenya Revenue Authority (KRA) is dramatically escalating its enforcement strategy through the Electronic Tax Invoice Management System (eTIMS),…