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Taxman loses Sh1.2 billion VAT bid against Tullow Oil

A general view shows an oil rig used in drilling at the Ngamia-1 well on Block 10BB, in the Lokichar basin, which is part of the East African Rift System, in Turkana County.[Reuters]

Kenya Revenue Authority has lost a case in which it was demanding Sh1.2 billion from Tullow Oil as value added tax (VAT) following the sale of an oil block in 2015.

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