The taxes accrued while the company was in existence and, therefore, survived its dissolution, court says.
By
Brian Ocharo
Correspondent
Nation Media Group
The High Court has ordered the revival of a company that “died” six years ago to allow the Kenya Revenue Authority (KRA) pursue tax dues.
KRA had argued that discrepancies between import records, VAT returns, and financial statements justified additional tax…
Tribunal stated that KRA could not demand records or issue assessments beyond the five-year limitation period unless it pleads…
The dispute arose after KRA audited Sybrin Kenya for the period between January 2016 and December 2019 before issuing a VAT…
Tribunal says the tax authority wrongly treated the written-off loan principal as capital expenditure instead of stock-in-trade.
The tax dispute arose after KRA reviewed the company's income tax declarations and disallowed deductions claimed for repairs,…
KRA argued that although KenGen paid taxes on rental income, interest income and other miscellaneous income, it paid no tax on…
