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General Category => Africa => kenya => Topic started by: Akeyo on August 09, 2026, 05:14:43 PM

Title: KRA loses fight for tax deduction on bad bank loans
Post by: Akeyo on August 09, 2026, 05:14:43 PM
KRA loses fight for tax deduction on bad bank loans

Tribunal says the tax authority wrongly treated the written-off loan principal as capital expenditure instead of stock-in-trade.
Source: KRA loses fight for tax deduction on bad bank loans (https://www.businessdailyafrica.com/bd/economy/kra-loses-fight-for-tax-deduction-on-bad-bank-loans-5550062)
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