Auditors seek tax amnesty for cases already in court
Monday, June 29, 2020 0:01
By GEOFFREY IRUNGU
National Treasury CS Ukur Yatani.
FILE PHOTO | NMG
Auditors and accountants want the tax amnesty recently announced by National Treasury extended to cases that are in court and those under investigation.
Institute of Certified Public Accountants of Kenya proposed that a provision should be introduced in the amnesty for people with ending litigation or matters pending before court given the tax cases at the tribunal," reads the report by the parliamentary committee on Finance and Planning.
Audit and advisory firm Deloitte Consulting said the amnesty would be more effective if it included those who have been notified of a tax audit or investigation as long as the process has not commenced.
However, to increase its effectiveness, the following should be addressed: The tax amnesty should not exclude persons who have been notified of a tax audit/ investigation from the programme.
