newfarer wrote:aemathenge wrote:aemathenge wrote:It is getting hot in here
[quote]The Kenya Revenue Authority (KRA) has been allocated additional cash to hire 1,000 intelligence and enforcement officers who will identify and arrest wealthy tax cheats in what promises to be the biggest crackdown on high-networth individuals who owe the taxman.
https://www.businessdail...5318-10qtjwp/index.html[/quote]
KRA to attach tax cheats’ salaries, seize properties
[quote]The Kenya Revenue Authority (KRA)
has started the process of attaching properties, salaries and bank accounts of high profile tax cheats in what promises to be the boldest crackdown on high net worth persons.
https://www.businessdail...204-11t290xz/index.html[/quote]
Kibaki did well without all this nonsense.. They continue to strangle businesses
Something on me if we won't still find ourselves with billions in shortfalls
When a cow is sick you don't increase the frequency of milking to yield more milk.you look for a vet treat it and feed it .
With the intensity of the taxman businesses will continue to close as many now have nothing to lose by closing or letting more employees leave since the have nothing to do
Debt collection 101, when someone owes you money, you first talk to them nicely to pay. Enforced collection is expensive, takes very long and may yield nothing.
Tax collections are low not mainly because of non remittance, but the tax base has shrunk under Jubilee. Job losses, the associated shrinking purchasing power etc have all contributed.
1000 sleuths will follow up on the same people and not collect much.
"Things that matter most must never be at the mercy of things that matter least." Goethe