KRA names countries that exchange financial, tax details with Kenya to nab tax cheats

The Kenya Revenue Authority (KRA) has published its first list of reportable jurisdictions under the Common Reporting Standard (CRS), marking a significant step in Kenya’s adoption of automatic exchange of financial account information for tax purposes. In layman’s language, KRA’s publication of the list of CRS jurisdictions means that banking secrecy for Kenyans with money […]