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Tax exempt entreprises
Anbu
#11 Posted : Tuesday, April 26, 2016 2:19:44 PM
Rank: New-farer

Joined: 11/11/2015
Posts: 21
Location: Nakuru
Let me hijack this thread kidogo. There are guys who get all their income from online sources so my question is can kra come after them?
The struggle continues
The Great
#12 Posted : Tuesday, April 26, 2016 2:31:15 PM
Rank: Member

Joined: 9/9/2015
Posts: 233
They can. If they are tipped. Its a lot of work. They have to fully investigate your financial transactions before they approach you. Besides there are no bonuses for extra money brought in. Just targets and the bosses take all the chicken gate.
"Buy when there's blood in the streets, even if the blood is your own."
The Great
#13 Posted : Tuesday, April 26, 2016 2:33:27 PM
Rank: Member

Joined: 9/9/2015
Posts: 233
Enjoy while the sun shines, use an alias and watch the kra bill for checking personnal accounts. If it passes, pay
"Buy when there's blood in the streets, even if the blood is your own."
The Great
#14 Posted : Tuesday, April 26, 2016 2:39:48 PM
Rank: Member

Joined: 9/9/2015
Posts: 233
My question is, can we do things like rolling over the taxes by investing in real estate like they do in the US? Can we reregister the company in Singapore then work here as a foreign company? Et al What works here?
Swenani wrote:
The Great wrote:
I do a project in 3 weeks with borrowed funds. Wait one year for pay. I pay(deducted at source) 16% VAT on whole value. 3% withholding. Officials must have lunch before they can process payments. This job may require a bribe before the order is issued. After the bribe it may take a year to get the purchase or service order.


Evading to pay taxes is unethical,unpatriotic and if you believe in the bible, that's a ticket to hell!

Earn your wealth justly!

"Buy when there's blood in the streets, even if the blood is your own."
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