KRA wins Sh621 million tax fight with Coop Bank

COOPBank

A Co-op Bank branch in Nairobi. FILE PHOTO | NMG

Kenya Revenue Authority (KRA) has won an Sh621 million tax battle against the Co-operative Bank of Kenya arising from financial transactions between 2013 and 2015.

The KRA had appealed against a decision made by the tax appeals tribunal barring it from collecting the amount.

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