KRA and Safaricom explore using M-Pesa to issue tax invoices for small businesses

Source: Tech Trends Kenya By By George Kamau

The Kenya Revenue Authority (KRA) is in discussions with Safaricom over M-Pesa tax invoicing for businesses, with the proposed arrangement allowing the telecommunications operator to generate electronic tax invoices on behalf of merchants receiving payments through its mobile money platform. A KRA official told the National Assembly’s Finance and National Planning Committee that Safaricom had …

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