Kenya Bankers Association

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Are Your Interchange Fees Being Double-Taxed Without You Knowing It?

ABSA Bank Kenya PLC v. Commissioner for Domestic Taxes Supreme Court Petition No. 12 (E014) of 2022 Background KRA conducted a tax audit of Barclays Bank (now ABSA Bank Kenya PLC) covering 2007 to 2011. The audit raised two contentious withholding tax assessments: Payments to Card Companies: KRA assessed withholding tax on payments made by […]
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