Kenya’s Court of Appeals rules that withholding tax is due on payments to card companies and interchange fees
Executive summary
The Kenya Court of Appeals (COA), on 6 November 2020, ruled on an eight year tax dispute between a Kenyan Bank (the Bank/the Respondent) and the Kenya Revenue Authority (KRA/the Appellant) with respect to the nature of certain services between parties involved in card transactions and the applicability of withholding tax (WHT) on payments made for these services. Specifically, the…
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