The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya Revenue Authority Commissioner General John Njiraini. (Photo: Boniface Okendo/Standard)
Kenya Revenue Authority is mulling a regional customs management platform to curb tax evasion within East African countries. Commissioner General John Njiraini said work had started on a common system to manage taxation of imports would eliminate the loopholes exploited by tax cheats.
Among the inherent weakness commonly abused in the diversion of transit cargo including top-end vehicles destined to the other countries, often with no taxes paid in either Kenya or the intended destination. “The initiative once implemented should have substantial impact in reducing loopholes exploited by unscrupulous traders with intent on evading the payment of their fair share of taxes,” Mr Njiraini said Thursday.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.