KRA to pay whistleblowers Sh500,000 for revealing tax evasion leakages
By Stephen kyalo kisingu - 2020-05-14 00:40:53 - [General]
The Kenya Revenue Authority (KRA) will pay Sh500, 000 to whistleblowers
who will reveal businesses and individuals that breach of tax law,
offering an additional incentive in the war against tax cheats.
The reward is contained in the Tax Laws Amendment Bill 2020
and lowers the threshold for awards leading to the nabbing of tax
cheats.At present, the Act only prescribes a reward for the
provision of information leading to the identification and actual
recovery of unassessed duties or taxes.As part of the
crackdown, KRA is expected to constantly monitor high-networth
individuals whose lifestyles are not in tandem with the taxes paid.
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