Tribunal stated that KRA could not demand records or issue assessments beyond the five-year limitation period unless it pleads and proves fraud or tax evasion.
By
Joseph Wangui
Correspondent
Nation Media Group
The Tax Appeals Tribunal has barred the Kenya Revenue Authority (KRA) from reopening tax assessment files older than five years without proof of fraud, handing Coca-Cola bottler Almasi Bottlers a partial victory in a Sh34.2 million excise duty dispute.
KRA says the re-introduction of this amnesty programme is based on previous similar initiatives that were a success in bumping up…
KRA argued that although KenGen paid taxes on rental income, interest income and other miscellaneous income, it paid no tax on…
The dispute arose after KRA audited Sybrin Kenya for the period between January 2016 and December 2019 before issuing a VAT…
The taxes accrued while the company was in existence and, therefore, survived its dissolution, court says.
The authority is increasingly relying on third-party data, electronic invoices and transaction matching to ensure correct taxes…
KRA had argued that discrepancies between import records, VAT returns, and financial statements justified additional tax…
