Kenyan Banks Reject KRA’s System Integration Mandate

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Kenyan Banks Reject KRA’s System Integration Mandate

The Kenya Revenue Authority (KRA) is facing strong resistance from Kenyan banks in its push to integrate the tax system with the banks.  The action is based on the new mandate thrust in the Tax Procedures (Amendment) Act, 2024, to ensure better tax collections to reduce evasion.  However, the banks, under the umbrella of the … The post Kenyan Banks Reject KRA’s System Integration Mandate appeared first on TechTrendsKE.