The Treasury has moved to shield the Kenya Revenue Authority (KRA) in its aggressive push to recover unpaid property taxes, backing legal changes that exempt the transfer of property during settlement from stamp duty.
The new law empowers KRA to recover millions in arrears while incentivizing negotiations by reducing transaction costs.
Officials say the exemption will fast-track settlements, ease administrative burdens, and boost revenue recovery without penalizing property owners.
The measure targets a growing backlog and cracks down on tax evasion across the real estate sector.
By aligning incentives with enforcement, the Treasury aims to accelerate revenue collection, bolster fiscal resources, and reinforce the credibility of Kenya’s tax system.
Written By Ian Maleve
