Kenya | |||||
Waiver of Interest |
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id : 28  cat : Tax Offences   | |||||
On the TPA Act, is it true that there's no more waiver of interest application because the reduction to 1% is a fair deal to the tax payers? |
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Asked by : Lynette Odongo
DOQ : 2016-04-27 21:00:00 |
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Answer |
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TPA2015 s.89(6) allows remission of penalties. It is silent about interest. VAT Act 2013 s21(3)allows remission of interest. However this provision was deleted by the TPA. |
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Answered by : John Muiruri
DOA : 2016-04-28 |
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