Kenya Revenue Authority (KRA) is advocating for new laws to improve transparency and prevent the misuse of privileges by cleansing the operations of nonprofit organizations.
The new regulations emphasize how crucial it is to keep these corporations from being used for personal gain while making sure they meet stringent requirements for tax exemption.
The draft legislation highlights charitable organizations’ dedication to advancing public objectives by outright forbidding their use for private benefit.
The draft rules have been posted on the KRA website. You may download the draft Rules for your reference.