KRA to Recalculate Taxes on Suspect Filings Under New Law

The changes are set to give KRA stronger powers to crack down on schemes that have been employed by individuals and businesses to avoid tax and reduce payments...

✨ Key Highlights

The Kenya Revenue Authority (KRA) is set to gain significant new powers to challenge and override tax avoidance schemes under the proposed Finance Bill 2026. The bill, submitted to Parliament on Thursday, April 30, aims to empower the KRA to crack down on tax evasion more effectively.

The KRA will be able to disregard transactions if they are found to be primarily for tax advantages, assessing tax based on the deal's economic substance.
A new anti-tax avoidance rule will allow the Commissioner General to treat certain arrangements as if they never happened.
The KRA will have an extended enforcement window of up to five years to issue revised tax assessments for identified schemes.

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