Home Business KRA gets nod to tax Betway Sh158m

KRA gets nod to tax Betway Sh158m

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Business Daily | by Sam Kiplagat

The Kenya Revenue Authority (KRA) has been allowed to collect more than Sh158 million from betting firm Betway.

Although a five member tribunal agreed that the firm, which trades as BlueJay Ltd partly succeeded in its bid to quash the demand by KRA, a computation of outstanding withholding tax on its net winnings was not in conformity with Section 34 of the Income Tax Act as it was in 2016…

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