Effect Of Fraud Mitigation Strategies On Tax Fraud Among Large Tax Payers In Kenya Revenue Authority

The emergence of underground economy which majorly deals with cash has led to the evolution of another category of tax fraud method because this kind of businesses does not leave a trail of any transaction making it easy to evade tax and conceal the practice. Underground economies are reluctant to transact using electronic funds transfer, credit and debit cards, does not issue invoices or cheques. Tax fraudsters manage to remain one step ahead also by using services of well-heeled lawyers and auditors making the practice of using aggressive tax planning rampant in Kenya where companies and ind…