Car & General fights off new Sh468m tax demand

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Equipment on sale at a Car & General shop. 

Photo credit: File Photo | Pool

Car & General (C&G) is fighting off three tax demands from the Kenya Revenue Authority (KRA), marking the latest round of dispute between the taxman and the Nairobi Securities Exchange-listed firm.

The firm has disclosed in its latest annual report that KRA issued three separate tax demands in the year ended December 2023 when it made a Sh273.7 million net loss that was the outcome of a Sh826 million foreign exchange and demurrage costs.

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