The Kenya Earnings Authority (KRA) is targeting the informal sector, e-commerce and m-commerce to broaden its tax base.This will be discussed at length next week when KRA hosts the 4th Annual Tax Summit at The Kenya School of Monetary Researches in Nairobi.The occasion themed Speeding up Socio-Economic Change in Kenya: Tax Base Expansion to allow the Big Four Program will run from October 15 to 17. The forum will bring together both local
and international tax experts to deliberate on emerging taxation practices.Speaking recently during the Taxpayers Month(TPM)launch at
KRA headquarters, Treasury Cabinet Secretary Henry Rotich noted that the Top is an efficient platform for disputing tax challenges both at strategic and operational levels.”I eagerly anticipate the Tax Top later in the month. I hope that through this forum, we improve and enrich our stakeholder engagement portfolio, and ensure an all-inclusive tax administration technique,” he said.Rotich advised the public to make use of the opportunity to drive evidence-based tax policy formula and implementation
agenda.The sessions will be helped with by crucial federal government authorities, Private and Public business CEOs and experienced tax experts.Among essential topics to be gone over include, tax in a digitized economy, broadening income base through a robust Intra-Africa Trade,
income base expansion to facilitate social services towards inexpensive real estate and universal health care and netting the informal sector.Others are checking out new frontiers for income administration with innovation as an enabler, speeding up the development and competitiveness of the manufacturing sector in Kenya, taxation of extractives (mining, oil & gas)and taxation of e-commerce and m-commerce. KRA has more than the years committed a month to taxpayers and the public at large by arranging activities and events geared towards honouring & and appreciating taxpayers for their indispensable contribution towards profits collection.The activities held under the banner of Taxpayers ‘Month also function as a platform to motivate citizens to pay taxes for the betterment of the nation’s economic development.The activities which include; Customer support Week, taxpayer gratitude visits, taxpayer education and Business Social Responsibility (CSR )activities, culminating in the Taxpayers Award Event and Luncheon hosted in honour of prominent taxpayers.Read likewise; DCI, KRA sign up with hands to fight tax evasion in Kenya Kepsa faults government’s prepared 16%tax on fuel, requires dialogue All set to die? This is how to leave your household when death strikes KRA suspends officials, Greenpeace Africa states Uhuru should prioritise food security
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