Directors of companies, which fail to file returns and pay taxes will have their personal identification numbers (PINs) suspended until the firms they lead comply with the law, in a in a fresh move meant to plug revenue leakages.
The Kenya Revenue Authority (KRA) says board members will now bear the brunt in the event their companies have dormant PIN numbers that are not linked to the taxman’s online platform, iTax.
This means directors – who are mostly businesspersons and professionals – will be blocked from accessing critical public services when firms whose boards they sit on are in the crosshairs of the taxman.
The Kenya Revenue Authority. KRA-warns-iTax-non-compliant-company-directors