Hemingways wins Sh944m tax fight with KRA over Watamu project

In a ruling, the Tax Tribunal sided with the Hemingways and accused the taxman of twisting the law.

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The Tax Appeal Tribunal has accepted an appeal by hospitality firm, Hemingways Watamu Limited challenging a Sh944 million tax claim by Kenya Revenue Authority (KRA), from an investment in the construction of a hotel and apartments in Kilifi County about six years ago.

The hospitality company is in the business of hotel services, fishing, and Safari Centre trading as Hemingways Resort.

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Note: The results are not exact but very close to the actual.