Kenya: KRA Sees Huge Potential in Informal Sector's Untapped Tax Base

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The Kenya Revenue Authority (KRA) is seeing an untapped big tax collection base in the informal sector that could see it expand revenue collection.

KRA pledged to address challenges facing the sector in a bid to incentivize and onboard them into the tax net.

"One of the initiatives under KRA's tax base expansion programme is netting the informal sector into the tax bracket, the majority of whom are the MSMEs," Wattanga said. Tax experts and technocrats at the summit reiterated the need to develop policies that will create a certain and predictable tax system.

 

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