KRA uncovers tax fraud involving Ksh33.8 billion in fake invoices
Originally published by People Daily — Read the original article →
Election process
The Kenya Revenue Authority (KRA) has uncovered a suspected Ksh4 billion Value Added Tax (VAT) fraud scheme involving 72 entities linked to fictitious electronic tax invoices worth Ksh33.8 billion. In a statement issued on Thursday, October 15, KRA said its Investigations and Enforcement Department had detected a Missing Trader Scheme in which the entities allegedly […]