Economist Ndii offers guarantee to suspend Sh2.8 million KRA tax row
Summary
Economist David Ndii has offered to deposit a bank guarantee of Sh500,000 as a condition to suspend a decision allowing Kenya Revenue Authority (KRA) to demand Sh2.8 million tax from him.
In documents filed in court, Dr Ndii says KRA may execute the decision and start the process to recover the taxes, rendering his appeal useless.
Thursday April 22 2021
By SAM KIPLAGAT
Summary
Economist David Ndii has offered to deposit a bank guarantee of Sh500,000 as a condition to suspend a decision allowing Kenya Revenue Authority (KRA) to demand Sh2.8 million tax from him.