Westgate Attack: KRA Blocked From Taxing Compensation Billions
People going about their day to day activities outside the Westgate Mall.
File
The High court has rejected an appeal by the Kenya Revenue Authority (KRA) to collect a share of the billions paid to Westgate Mall owners as compensation following the 2013 terror attack.
Justice David Majanja affirmed the position by the Tax Appeals Tribunal stopping the taxman from claiming a share of Ksh4.4 Billion compensation paid to the mall by Kenindia Insurance.
KRA through the commissioner of taxes appealed the ruling as it sought Ksh380.3 million from the owners noting that a portion of the compensation (Ksh660 million) should have been classified as income.