Oxygen8 East Africa
KRA Wins Sh1.2bn Suit Against International Communications Firm
The Tax Appeals Tribunal has given Kenya Revenue Authority (KRA) a nod to demand and collect Kshs1.2   billion in taxes from an international communications firm. The tax tribunal at Nairobi dismissed an application by  Oxygen 8 East Africa Limited, seeking an extension to file an appeal out of time to contest the tax debt. The tax dispute arises from KRA’s investigation audit against the firm for July 2015  to  February  2019  that raised an assessment of  Kshs.  1,185,596.692  for withholding tax. The assessment was confirmed via an objection decision on 21st May, 2019. Aggrieved by the KRA’s decision, Oxygen 8 East Africa Ltd filed a Notice of Appeal at the Tax Appeals Tribunal but failed to file a Memorandum of Appeal within time. ...
BT Reporter2 Mins read
Company MD charged with defaulting on Sh533m tax payment
Kenya Revenue Authority (KRA) has charged a company director for defaulting on payment of taxes amounting to Ksh 523 million. Brian Nasiohe Waluchio,...
BT Correspondent1 Mins read
