- Kenya Revenue Authority won KES1-billion in a “missing trader” VAT fraud case
- China Communications Construction Company Ltd appealed the tax assessment but lost
- The Company was involved in a complex tax evasion scheme using fictitious invoices
- The scheme involved claiming inflated input VAT for purchases not related to genuine business activities
- The Tax Appeals Tribunal upheld the KRA assessment and dismissed the appeal on 9 August 2024.
Source: ensafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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