Nairobi, July 5 -- Whistleblowers have reported suspected tax evasion cases amounting to Sh2.1 billion in six months through May using an online reporting platform, setting them up for cash reward from the taxman.
The Kenya Revenue Authority (KRA) says it has identified 359 companies and individuals for possible tax evasion from voluntary reports submitted by whistleblowers who conceal their identity.
Maximum reward for persons who provide information that leads to recovery of taxes stands at Sh2 million or five percent of the taxes, whichever is lower, a value which will more than double to Sh5 million if lawmakers back changes to the KRA Act.
Those whose information leads to identification of un-assessed taxes are presently paid as muc...