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Kenya Re, KRA Host Tax Compliance Training Forum for Insurers

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In partnership with the Kenya Reinsurance Corporation, Insurance Regulatory Authority (IRA) and tax experts, KRA held a workshop for insurers on compliance.
The Kenya Revenue Authority (KRA) is set to host a tax compliance training forum for insurance companies on March 21, 2024, at the Sarova Panafric Hotel in Nairobi. This initiative aims to enhance tax compliance within the insurance sector by addressing key issues such as tax evasion, under-declaration of income, and the correct application of tax laws. The forum will provide insights into the latest tax regulations, compliance requirements, and will offer a platform for dialogue between KRA officials and insurance industry stakeholders. The event underscores KRA's commitment to fostering a transparent and compliant business environment, ensuring that insurance companies are well-informed about their tax obligations, thereby reducing disputes and enhancing revenue collection for national development.

Read the Full Tuko Article at:
[ https://www.tuko.co.ke/business-economy/571180-kenya-kra-host-tax-compliance-training-forum-insurers/ ]


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