TAXATION

FAUSTIN MWINZI: Taxman right to target flamboyant socialites

In Summary
  • All income is taxable, including income from illegal sources, save for a few expressly exempted from tax
  • Taxes loaded with penalties are lethal in flushing out underground activities

The Kenya Revenue Authority has been trending after the commissioner general implied in a media statement that individuals displaying opulence on social media shall be subjected to tax.

In his ...

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