The Kenya Revenue Authority (KRA) has slapped private equity fund, Emerging Capital Partners Kenya (ECP Kenya) with a Sh773.8 million tax claim for the 2017 sale of the popular restaurant chain, Java House.
The Business Daily has established that on October 6, 2023, the Tax Appeals Tribunal (TAT) threw out a petition by ECP Kenya challenging the Sh773,796,052 claim by the KRA following a tax assessment in February 2022.
