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Kenya revokes the Kshs.5 million threshold for eTIMS

The long-awaited Tax Procedures (Electronic Tax Invoice) Regulations 2024 have been gazetted, impacting businesses in Kenya. Key takeaways include the requirement for all businesses to issue eTIMS invoices and clearer guidance on exemptions. Businesses operating in Kenya must ensure compliance with the regulations, as penalties for non-compliance are significant.

Source Fonoa


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