Mastermind loses bid to quash Sh442m KRA tax demand

(Photo: Courtesy)

The Court of Appeal has upheld the High Court’s decision to allow the Kenya Revenue Authority (KRA) to recover Sh442.2 million in unpaid tax from cigarette maker Mastermind Tobacco.

Mastermind had gone to court challenging a KRA decision to demand the money as under-declared excise tax and penalty on its Supermatch brand of cigarettes.