A former head of accounting at the Nairobi county government will pay the state Sh70 million in tax arrears after he lost an appeal. The Tax Tribunal on Friday dismissed Stephen Osiro’s appeal and upheld a decision by Kenya Revenue Authority to collect Sh70,785,624 from him. The tribunal chaired by Mahat Somane dismissed Osiro's complaint that the tax assessment was erroneous and excessive. In his appeal against the tax assessments, Osiro said the commissioner failed to appreciate several activities that he was engaged in. The commissioner contended that the source of monies transacted through the taxpayer's M-Pesa transfers, interbank and mobile transfers, was not traced.

Source: The Star June 07, 2021 20:03 UTC