The Supreme Court has allowed Mastercard and Kenya Bankers Association to join an appeal filed by Absa Bank Kenya as it fights to stop the Kenya Revenue Authority (KRA) from demanding withholding tax for royalties paid to credit card firms.
A bench of five judges led by Deputy Chief Justice Philomena Mwilu said MasterCard Asia Pacific PTE and the bank lobby have an identifiable stake in the matter, as they will be directly affected by the outcome of the case.
