THE STANDARD
BUSINESS NEWS
KRA Headquarter in Nairobi (PHOTO: FILE)
The Kenya Revenue Authority (KRA) has lost a Sh1.1 billion tax claim against a Dubai firm, with the taxman being accused of misleading the Court.
KRA had rushed to court to be paid part of the Sh1.5 billion that the Supreme Court awarded Geo-Chem Middle East, but the taxman’s decision to file an application against the Dubai firm’s local subsidiary instead ruined its case.
The High Court Judge Mabeya in an April 22 ruling wondered why KRA went after Geo Chem ME (Kenya Branch) instead of its Dubai-based parent company which had won the award after the wrongful termination of a contract to inspect petroleum by the Kenya Bureau of Standards (KEBS).