KRA Stands Down On Minimum Tax After Court Ruling

On Monday 19th April, a Machakos High Court directed the Kenya Revenue Authority to suspend a minimum tax for businesses.

This is after a petition had been filed by Isinya Bar Owners Association and Kenya Association of Manufacturers.

KRA has issued a statement abiding by the court decision, as the court ponders over a ruling on the petition.

“KRA shall abide by the Ruling issued by the Court and await the outcome of the main Petition slated for hearing on 19th May 2021.”

Those who had already paid the tax will retain it as a credit in their iTax ledger pending the outcome of the Petitions.