The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Keroche Breweries has been slapped with a Sh1.3 billion tax bill relating to its ready-to-drink vodka, in a fresh twist to a long-running battle between the firm and the Kenya Revenue Authority (KRA).
The taxman has informed the brewer that a new taxation formula will be applied to its 'Viena Ice' brand to be backdated to June last year. More than 11 million litres of the product have been sold since then, suggesting the brewer is now required to remit taxes it has not collected.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.