KenGen gets Sh1.43bn tax waiver

KenGen

Kenya Electricity Generating Company (KenGen) logo on its headquarters.

Photo credit: File | Nation Media Group

The Kenya Revenue Authority waived Sh1.43 billion in accumulated taxes by Kenya Electricity Generating Company (KenGen) following a review between the two State-run entities and a partial tax pardon, which ended June 2024, ending a decade-long dispute.

The abandoned claims represent 42.05 percent of cumulative Sh3.41 billion that KRA initially pursued in separate demands. The disputed tax demands comprised Sh975.85 million in withholding taxes in 2014 and Sh2.43 billion compensating taxes in 2016.

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