×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

How firms in tax row with KRA risk liquidity

A worker at Keroche Breweries inspects beer production. [Antony Gitonga, Standard]

Companies locked in tax disputes with Kenya Revenue Authority (KRA) now face liquidity strain on proposal that such firms deposit half of disputed tax in government coffers.

Treasury Cabinet Secretary Ukur Yatani says tax disputes are taking too long to conclude, especially at the Tax Appeals Tribunal, locking potential taxes from the KRA.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in