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Originally published by Nation Businessbusiness
June 12, 2026
10h ago
Backlash as Mbadi presses for KRA sweeping powers on asset seizures
Business sector players argue that the proposal risks overreach by the Kenya Revenue Authority...
✨ Key Highlights
A proposal by the National Treasury to grant the Kenya Revenue Authority (KRA) sweeping powers to seize assets, even during tax disputes, has sparked significant backlash from tax experts and the private sector.
- The proposal aims to allow the KRA to enforce tax collection once a judgment favors them, requiring taxpayers to secure mandatory stay orders to protect their assets.
- Key figures involved include Treasury Cabinet Secretary John Mbadi, who presented the proposal, and criticism from entities like Equity Group and Deloitte.
- This marks the fourth attempt in recent years to roll back taxpayer protections regarding asset seizures during appeals, with previous proposals in Finance Bill 2022, 2024, and 2025.
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