KRA unlikely to meet Kshs. 1.9T target, says Mburu
Revenue collection is likely to tank this fiscal year due to the minimum and excise taxes legal blow according to the Kenya Revenue Authority (KRA)...
minimum tax
Businesses laud minimum tax ruling as KRA vows to appeal
The decision by the High Court to declare the minimum tax provisions unconstitutional and the minimum tax guidelines void has been supported by private sector...
1pc minimum tax unconstitutional, High Court rules
The High Court has declared the minimum tax, which was to be levied on small businesses at the rate of 1% of turnover, unconstitutional and...
KRA retains already paid minimum tax as credit
The Kenya Revenue Authority (KRA) has said it will ill retain already paid minimum tax as a credit in taxpayers iTax ledger pending the outcome...
Reprieve for businesses as court suspends collection of Minimum Tax
Businesses can now breath a sigh of relief after the High Court sitting in Machakos issued conservatory orders restraining the Kenya Revenue Authority (KRA) from...
World Bank warns against ‘high’ global tax minimum
The head of the World Bank has warned world leaders against setting a global minimum tax rate for companies that is too high. In an...
Minimum tax to cost tea farmers Kshs. 754M, KTDA warns
The Kenya Tea Development Agency estimates that the minimum tax which has come into force will cost smallholder tea farmers Kshs. 754M every year in...