DECLARATION OF RELATED PARTY TRANSACTIONS IN THE INCOME TAX COMPANY RETURN

KENYA REVENUE AUTHORITY TENDER JUNE 2023 

Public Notice

Declaration of Related Party Transactions in the Income Tax Company Return

Kenya Revenue Authority (KRA) would like to notify taxpayers that the Income Tax –
Company Return on the iTax platform has been enhanced to provide for declaration of
related party transactions by persons with related parties and whose ascertainment of gains
or profits from business is subject to the provisions of Sections 18 or 18A of the Income Tax
Act, Cap 470.
When filing their returns, all taxpayers with related party transactions are required to answer,
“Yes”, to the question, under the basic information sheet of the Income Tax Company
return, on whether or not they have related parties outside Kenya or controlled transactions.
The relevant details of the related party transactions should then be captured under sheet
“B2_Related_party_transaction”.
For further information please liaise with our Contact Centre on Tel: (0) 20 4 999999, 0711
099 999 or Email: callcentre@kra.go.ke
Thank you for paying taxes to build Kenya
Public Notice
Commissioner for Domestic Taxes