Interest from invested road maintenance funds is taxable, court says

BDTAXLAW

The court decision overturned a 2025 Tax Appeals Tribunal ruling that had shielded KRB from the tax demand.

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The High Court has revived a Sh2.9 billion tax claim against the State-owned Kenya Roads Board (KRB), saying that interest earned from investing surplus road maintenance funds is taxable.

The court overturned an earlier ruling by a tribunal which had granted tax exemptions to KRB and pointed out that such reliefs would only be granted through a law expressly legislated by Parliament.

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