Home Business Taxman, Kenya-Re in Sh1.2bn court row

Taxman, Kenya-Re in Sh1.2bn court row

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Business Daily | by Otiato Guguyu

The Kenya Revenue Authority and Kenya Re-Insurance Corporation (Kenya Re) remain locked in a court battle over a Sh1.2 billion tax claim despite a directive by President Uhuru Kenyatta in July that State agencies withdraw all legal suits filed against each other.

An annual report by Kenya Re, shows the taxman continues to pursue it in court with a principal tax claim of Sh742 million and a further Sh536m in interest and penalty despite the Presidential directive—a claim KRA disputes.

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