Harnessing AI: A New Era in Tax Compliance for the KRA
The Kenya Revenue Authority (KRA) is integrating Artificial Intelligence into its tax compliance strategy to enhance revenue collection and combat tax evasion. This innovative approach utilizes data analytics to identify discrepancies, streamline operations, and improve taxpayer experiences while addressing challenges related to data privacy and ethics. The initiative signals a transformative shift in tax administration in Kenya, with potential benefits for the economy and public services.