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Firm behind Nairobi's tallest building to pay KRA Sh52m

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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.

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