KRA nets Sh11 billion from long-running tax disputesThe Kenya Revenue Authority’s (KRA) Tax Appeals Tribunal has resolved 23 tax disputes, netting Sh11 billion. The newly constituted tribunal delivered judgement on the disputes on December 17 and 18. Subscribe Now »The judgements delivered were around disputes on withholding income tax, tax on winnings from lotteries and betting, customs under-declaration on values of imports, as well as corporation tax and Pay As You Earn (PAYE), among others. Last year, KRA said it would be charging 600 suspected tax cheats by June this year in a bid to recover Sh15 billion in revenue mostly through plea bargains in exchange for amnesty. Mr Kariuki, the founder of Africa Spirits, an alcoholic beverages maker at the centre of suspected Sh41 billion tax fraud, has since distanced himself from the management of the firm.

Source: Standard Digital January 14, 2020 04:18 UTC