Sonko vows to appeal Sh385 million tax dispute in High Court
Former Nairobi Governor Mike Sonko has vowed to move to the High Court after losing a Sh385 million tax dispute with the Kenya Revenue Authority (KRA). This will escalate his long-running legal battle with the taxman. Sonko is expected to challenge a decision by the Tax Appeals Tribunal, which dismissed his appeal against a tax [...] The post Sonko vows to appeal Sh385 million tax dispute in High…
Former Nairobi Governor Mike Sonko has announced his intention to take his ongoing tax dispute with the Kenya Revenue Authority (KRA) to the High Court following a loss in the Tax Appeals Tribunal. This move comes after KRA dismissed Sonko's appeal against a tax assessment, resulting in a Sh385 million tax bill. Sonko maintains that the disputed deposits, totaling Sh1.4 billion, were not taxable income, citing legitimate business transactions, loans and other non-taxable sources.
He specifically claims the funds stemmed from property sales, business dealings and loans. However, KRA treated part of the deposits as undeclared taxable income due to insufficient documentation from Sonko. Despite respecting the tribunal's decision, Sonko insists his position remains unchanged and is committed to pursuing all legal avenues to contest KRA's assessment.
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