, NAIROBI, Kenya, Mar 10 – Taxpayers will now be able to electronically verify the authenticity of the Personal Identification Number (PIN) and Tax Compliance Certificates (TCC).
Through the online facility known as PIN and Tax Compliance Checker, the Kenya Revenue Authority (KRA) hopes to reduce the numerous complaints of fake PINs and tax certificates in circulation.
The PIN has become a vital document for conducting business. For instance, one needs it when opening a bank account and it is also a requirement for registration of a title deed. It is also a pre-requisite for importation of goods.
On the other hand, the TCC is a mandatory document for firms wishing to enter into business transactions with government agencies and public bodies.
This certificate is only issued to businesses with a clean tax record and it is only valid for six months after which a firm has to request for a renewal.
State agencies and private firms that handle large numbers of tenders will be the major beneficiaries as they will now be able to verify whether the information provided to them by those bidding is valid.
"KRA has requested the Public Procurement Oversight Authority to inform government agencies and public bodies of the facility to enable them countercheck the tax compliance status for those seeking to do business with them," the Authority said.
KRA said the facility is expected to go a long way in boosting revenue collection while enhancing tax compliance.
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