eTIMS tax fraud - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

KRA uncovers Ksh 4 billion VAT fraud using fake invoices

Sacco ReviewOctober 16, 202607 mins

KRA uncovers a major VAT fraud scheme involving fictitious invoices worth billions of shillings. Investigations reveal links between businesses, individuals and possible internal facilitation. Taxpayers using fake invoices face prosecution as KRA moves to recover lost revenue. The Kenya Revenue Authority (KRA), through its Investigations and Enforcement Department, has uncovered a sophisticated tax fraud scheme…