VAT on Sale of commercial property- David Mwangi Ndegwa

The taxpayer bought land in Kiambu on which some commercial buildings stood. VAT of Ksh.11,200,008.00 was charged which the buyer was quite reluctant to pay, nevertheless he paid on insistence by the seller hoping to get a refund. The bone of contention in the case was how the land was viewed. The charge was based on the fact that …

Ambiguity in Law CFC Stanbic VS KRA

There was a lacuna in tax law concerning computer software before 2010 when section 31B of the Second schedule was enacted. This section allows capital deduction on computer software at 20%. The petitioner CFC Stanbic had been claiming …

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