The News Article wrote: The move is expected to both help the Kenya Revenue Authority (KRA) to collect data on tax compliance in the sector, as well as reduce theft of cash by crew and bribery to traffic police officers to make it more investor friendly.
So the banks get 1% of the matatu revenue?
Bullcrap Legislations by this Jubilee Confused 'Leadership'.
1. Police will still be bribed, even shuttles pay protection money to cops through the SACCOs yet the fares are well documented by issuance of receipts in the offices.
2. Tax evation (income tax) will still continue as usual, since, even landlords have not yet complied. This will cause a hike in fares.
3. Adding VAT on my bus fare (which is what KRA is wants) will not go well with me as an overtaxed citizen.
Receive with simplicity everything that happens to you.” ― Rashi