The Kenyan Revenue Authority (KRA) is significantly enhancing its ability to track tax evaders through a global network of financial data sharing, primarily driven by the Common Reporting Standards (CRS) agreement.

• The CRS mandates automatic annual sharing of financial data between tax authorities in over 70 countries.
• Key information shared includes account holder's name, address, tax ID, account balance, and income earned from foreign accounts.
• Despite the global network, "tax havens" like the Cayman Islands, which are not part of CRS, still pose a challenge, though intelligence and whistleblowers can still expose evasion there.