Seven Seas to pay KRA Sh900 million in taxes

Seven Seas Technologies CEO Michael Macharia. FILE PHOTO |  NMG

Seven Seas Technologies, headed by businessman Michael Macharia, will pay Kenya Revenue Authority (KRA) Sh900.4 million after losing a case against the agency at the Tax Appeals Tribunal.

The technology firm, which has clients in financial services and healthcare in Kenya and other African nations, failed to provide additional documents to ward off KRA’s demand relating to value-added tax (VAT), pay-as-you-earn (PAYE) and withholding taxes.

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