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.
Following a ruling made on Wednesday, November 6 by the Tax Appeals Tribunal (TAT) to suspend the deduction of 20 per cent Withholding Tax from gamblers’ winnings, the Kenya Revenue Authority (KRA) has moved to file a notice of appeal.
In a statement seen in newsrooms on Monday, November 11, KRA has expressed its surprise at the ruling, mainly at the tribunal’s understanding of ‘winnings’ as was amended by the Finance Act 2018.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
🔥 Easter Sale Ends Tonight!
Subscribe now and enjoy 50% off monthly and annual plans. Offer ends in…
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.