The Kenya Revenue Authority (KRA) is targeting the informal sector, e-commerce and m-commerce to expand its tax base.
This will be debated at length next week when KRA hosts the fourth Annual Tax Summit at The Kenya School of Monetary Studies in Nairobi.
The event themed Accelerating Socio-Economic Transformation in Kenya: Tax Base Expansion to enable the Big Four Agenda will run from October 15 to 17.
The forum will bring together both local and international tax experts to deliberate on emerging taxation practices.
Speaking last week during the Taxpayers Month (TPM) launch at KRA headquarters, Treasury Cabinet Secretary Henry Rotich noted that the Summit is a productive platform for debating tax challenges both at strategic and operational levels.
“I look forward to the Tax Summit later in the month. I hope that through this forum, we improve and enrich our stakeholder engagement portfolio, and ensure an all-inclusive tax administration approach,” he said.
Rotich urged the public to utilise the opportunity to drive evidence-based tax policy formulation and implementation agenda.
The sessions will be facilitated by key government officials, Private and Public companies CEOs and seasoned tax experts.
Among key topics to be discussed include, taxation in a digitized economy, expanding revenue base through a robust Intra-Africa Trade, revenue base expansion to facilitate social services towards affordable housing and universal health care and netting the informal sector.
Others are exploring new frontiers for revenue administration with technology as an enabler, accelerating the growth and competitiveness of the manufacturing sector in Kenya, taxation of extractives (mining, oil & gas) and taxation of e-commerce and m-commerce.
KRA has over the years dedicated a month to taxpayers and the public at large by organizing activities and events geared towards honouring and appreciating taxpayers for their invaluable contribution towards revenue collection.
The activities held under the banner of Taxpayers’ Month also act as a platform to encourage citizens to pay taxes for the betterment of the country’s economic development.
The activities which include; Customer Service Week, taxpayer appreciation visits, taxpayer education and Corporate Social Responsibility (CSR) activities, culminating in the Taxpayers Award Ceremony and Luncheon hosted in honour of distinguished taxpayers.