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.
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