KRA Seeks to Incentivize Informal Sector into Tax System, Citing Significant Untapped Potential
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KRA pledges to address challenges faced by informal sector to incentivize and onboard players into tax system.
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KRA states informal sector has significant untapped tax potential that should be supported for compliance.
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KRA to collaborate with National Treasury to develop policies to harmonize and reduce taxes on informal sector.
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Tax experts at summit highlight need for policies to create stable, predictable tax system.
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KRA Commissioner General says recommendations will help enhance voluntary compliance and support development.