The Kenyan Official Gazette Dec. 13, 2024, published Act No. 21, the Tax Procedures (Amendment) Act, 2024. The law includes measures: 1) specifying electronic invoice details, and requiring the invoices on supplies from small businesses with annual turnover not exceeding 5 million Kenyan shillings (US$38,645); 2) waiving penalties, interest, and fines on tax debt when the principal is fully paid before Dec. 31, 2023, and granting one-time amnesty upon application if the principal is fully paid by June 30, 2025; 3) allowing the Commissioner to extinguish tax debt when recovery is doubtful or difficult; 4) reducing the minimum investment value ...
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