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Taxman to compel third parties to hand over information on tax cheats

Kenyans que to beat the KRA tax returns deadline at the Kenya railways club.30/6/2016 PHOTO BY GEORGE NJUNGE

Anyone you trade with could now be compelled to reveal your tax obligations in new spying measures to catch tax cheats.

Kenya Revenue Authority (KRA) says the new Finance Bill gives it powers to ask third parties including regulators to hand over relevant information in the ‘form and manner prescribed by the commissioner’ to help it asses one’s tax liabilities.

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