Blow to KRA as court stops Sh21 billion minimum tax

times-tower

The Kenya Revenue Authority (KRA) is escalating its fight with businesses to safeguard Sh21 billion in annual minimum tax, opting to appeal a High Court judgment that declared the collections unconstitutional.

Justice George Odunga Monday found that the government’s plan to impose a minimum tax on corporate sales, even when a company reports losses, is illegal.

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