Company Wins Ksh6.9 Billion Tax Dispute on US-Run Project

The company moved to court to challenge a decision by the taxman to slap taxes stemming from operations stemming from a U.S-based company...

✨ Key Highlights

A Kenyan service provider has emerged victorious in a tax dispute, as the Tax Appeals Tribunal overturned a Kshs6.9 million tax bill levied by the Kenya Revenue Authority (KRA) on a carbon credit project.

The Tax Appeals Tribunal ruled that the U.S.-based parent company was the true economic owner of the project, responsible for funding, design, marketing, and sales of carbon credits.
The Kenyan firm's role was limited to providing support services, correctly reflected in transfer pricing documents.
The Tribunal set aside both the corporate income tax and withholding tax assessments, citing KRA's failure to consider submitted evidence.

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