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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.
The taxman will now be able to collect transactional data from all traders, individuals and companies in the country in near real-time, tightening the noose on tax cheats.
Armed with new electronic-invoicing and reporting tools, Kenya Revenue Authority (KRA) will be able to collect information without waiting for taxpayers to file, even at the point of a commercial transaction to make its own assessment of the tax due.
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