How minimum tax will step up revenue growth

Times Tower building [File, Standard]

Most countries are walking a tight rope as they strive to mobilise adequate domestic revenue to fund development and growth agenda. Kenya has focused its efforts on reducing poverty and inequality, ensuring adequate health and education, and development of basic infrastructure to support more inclusive growth. 

Despite significant progress, the country still faces challenges in domestic resource mobilisation characterised by a narrow tax base, limited natural resource endowment and significantly low compliance levels. The need for strategies to revolutionise the tax legislative framework and improve the capacity of the tax administration cannot be overemphasised.