The harsh economic conditions in Kenya have pushed everyone, including the government and the private sector, to be uptight with their money. Everyone wants to make more money and spend less. That is true of taxes.
Individuals and businesses often use tax minimisation strategies to reduce their tax burden and maximise profits.
While tax avoidance is legal, some view it as unethical, calling for everyone to pay their fair share of taxes.
For Kenya Revenue Authority (KRA), tax avoidance and tax evasion are two sides of the same coin. The tax agency has become increasingly sophisticated in its attempt to detect and pursue tax avoidance cases.
So, should firms and individuals make use of legal tax minimisation strategies?
