KRA argued that the service charge contributions collected from unit owners constituted taxable business income.
By
Collins Omulo
Reporter
Nation Media Group
The Kenya Revenue Authority (KRA) has been blocked from demanding taxes on service charge collections by building and estate managers following a four-year dispute with Nextgen Mall Management Company.
KRA argued that although KenGen paid taxes on rental income, interest income and other miscellaneous income, it paid no tax on…
The tax dispute arose after KRA reviewed the company's income tax declarations and disallowed deductions claimed for repairs,…
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Kuscco joins the Kenya Bankers Association and Kenya Private Sector Alliance (Kepsa) in campaigning against the proposal.
The Finance Bill has proposed expanding the definition of management fees, professional fees and merchant service fees arising…
