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Originally published by Capital Business
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business
June 6, 2026
1h ago

KRA wins Sh2.36bn tax dispute against KenGen

KRA wins Sh2.36bn tax dispute against KenGen

The dispute arose after KRA reviewed KenGen's tax affairs for the period between 2019 and 2024 and assessed additional taxes amounting to Sh2.95 billion. The assessment comprised Sh2.36 billion in compensating tax and Sh586.2 million in withholding tax. Kenya breaking news | Keny..

✨ Key Highlights

The Kenya Revenue Authority (KRA) has won a significant tax dispute against KenGen, successfully upholding a Sh2.36 billion compensating tax assessment. This ruling could impact companies distributing dividends while reporting tax losses.

  • The Tax Appeals Tribunal ruled in favor of the KRA, affirming the Sh2.36 billion compensating tax.
  • The dispute involved dividends paid by KenGen between 2020 and 2023.
  • KenGen failed to prove that the dividends were sourced from already taxed profits.

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