This archive report was first published on 3 December 2019.
December 3, 2019 - In a bid to increase revenue, the Kenya Revenue Authority (KRA) is considering imposing taxes on dowry payments in Kenya.
According to KRA, the move aims to tap into the millions of shillings and property that escape tax through dowry payments. The authority estimates that Kenya loses around 15 billion shillings annually to dowry payments, with some cases reaching up to 21 billion shillings.
Speaking on the matter, the Commissioner-General emphasized the need for understanding and cooperation from Kenyans, stating that the taxation would eventually help improve the nation's economy.
While the exact mechanism of taxation is yet to be determined, KRA has hinted that it would be based on the net worth of the dowry, including both cash and property. The authority has also warned that anyone attempting to evade the tax after official publication would be arrested and charged in law courts.
As the talks and consultations continue, KRA has assured that the information would be clearly covered in local dailies, and that nobody would be expected to evade the proposal afterward.
