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KRA wins Sh122m tax fight with KTDA’s Dubai unit

The feud draws back to sometime in 2021 after the taxman conducted an audit of KTDA Dubai Multi Commodities Centre and its parent company, CTCL for the period 2015-2021.

Photo credit: Shutterstock

By  Allan Odhiambo

Business Editor

Nation Media Group

A United Arab Emirates (UAE)-based tea trading firm owned by Chai Trading Company (CTCL), a wholly owned subsidiary of the giant Kenya Tea Development Agency (KTDA) Holdings Ltd, has lost a fight to block a Sh122.67 million tax claim by the Kenya Revenue Authority (KRA).

The Tax Appeal Tribunal (TAT) said that KRA was justified to demand tax from the UAE-based KTDA Dubai Multi Commodities Centre, because some of the firm's operations took place in Kenya.

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