A workshop to sensitise lawyers and stakeholders on capital gains tax in Kenya organised by Kenya Revenue Authority. PHOTO /CORRESPONDENT
By Grace Chege
Kenya Revenue Authority Capital Gains Tax collection has increased from 635 Million when CGT was manual to over 3 Billion after computerizing the process.
Kenyan Lawyers appreciated KRA’s subjection of the CGT exemption to an approval process to seal revenue leakages occasioned by misdeclarations of exemptions which are not due to some taxpayers.
During a seminar of Law Society of Kenya (LSK) members on ease of doing business, organised by Kenya Revenue Authority the Advocates were informed on several ways of revenue collections.
The Country Tax collector are on a mission to gather more money to enable the Country drives it’s economic agenda.
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