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Traders face Sh1 million fine as new ETRs final deadline looms

Kenya Revenue Authority (KRA) headquarters at Times Tower Building, Nairobi. [Wilberforce Okwiri, Standard]

Manufacturers and traders risk a Sh1 million fine or a jail term of three years from tomorrow if they fail to install upgraded electronic tax registers (ETRs) at their premises.

The new system grants the taxman real-time access to invoices.

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