High Court set aside a decision by the Tax Appeals Tribunal requiring Coca-Cola to pay the value-added tax (VAT) for promotion services offered by its subsidiary in Kenya, Coca-Cola Africa, for concentrates which are shipped into the country to make the soft drinks. At the heart of the case was whether the business model adopted by the firm amounted to evading or reducing the amount of VAT tax paid in Kenya.
Source: standardmedia.co.ke
