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

Firm behind Nairobi's tallest building to pay KRA Sh52m

GTC Tower which has 42 floors. [Elvis Ogina, Standard]

The firm behind Nairobi's tallest building will pay the Kenya Revenue Authority (KRA) Sh52 million after losing an appeal before the Tax Appeals Tribunal.

The Eric Wafula-led tribunal ruled that the information relied on by the authority to assess the tax liability was provided by Avic International Real Estate's financial officer.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • 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
Business
New bid to double Kenya-UK trade to Sh680b
By Fay Ngina 6 hrs ago
Business
Why blended finance is gaining traction in Kenya's search for sustainable funding
Business
'We are coming for you,' Why KRA has suspended nil tax filings
Business
EAC launches first regional framework to strengthen pandemic preparedness