KRA targets e-commerce, m-commerce to broaden tax base-The Exchange

The Kenya Income Authority (KRA) is targeting the casual sector, e-commerce and m-commerce to expand its tax base.This will be discussed at length next week when KRA hosts the fourth Yearly Tax Summit at The Kenya School of Monetary Studies in Nairobi.The event themed Speeding up Socio-Economic Transformation in Kenya: Tax Base Expansion to enable the Big Four Agenda will range from October 15 to 17. The forum will combine both local

and global tax specialists to deliberate on emerging tax practices.Speaking recently throughout the Taxpayers Month(TPM)launch at

KRA head office, Treasury Cabinet Secretary Henry Rotich kept in mind that the Summit is a productive platform for disputing tax challenges both at strategic and functional levels.”I look forward to the Tax Summit later in the month. I hope that through this online forum, we improve and enrich our stakeholder engagement portfolio, and ensure an all-inclusive tax administration method,” he said.Rotich advised the public to make use of the opportunity to drive evidence-based tax policy solution and execution

agenda.The sessions will be assisted in by key federal government authorities, Private and Public companies CEOs and skilled tax experts.Among essential topics to be talked about include, tax in a digitized economy, expanding income base through a robust Intra-Africa Trade,

earnings base growth to help with social services towards budget friendly real estate and universal health care and netting the informal sector.Others are exploring brand-new frontiers for revenue administration with innovation as an enabler, accelerating the growth and competitiveness of the production sector in Kenya, tax of extractives (mining, oil & gas)and taxation of e-commerce and m-commerce. KRA has more than the years devoted a month to taxpayers and the public at large by organizing activities and occasions tailored towards honouring & and appreciating taxpayers for their invaluable contribution towards revenue collection.The activities held under the banner of Taxpayers ‘Month likewise serve as a platform to motivate residents to pay taxes for the betterment of the nation’s economic development.The activities which consist of; Customer Service Week, taxpayer gratitude gos to, taxpayer education and Business Social Duty (CSR )activities, culminating in the Taxpayers Award Ceremony and Luncheon hosted in honour of recognized taxpayers.Read also; DCI, KRA sign up with hands to fight tax evasion in Kenya Kepsa faults government’s planned 16%tax on fuel, calls for discussion Prepared to die? This is how to leave your family when death strikes KRA suspends officials, Greenpeace Africa states Uhuru must prioritise food safety

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