Kenya vs Avic International: JUDGMENT
Case Information
- Court: Tax Appeals Tribunal (Kenya)
- Case No: TAT No. E786 of 2023
- Applicant: AVIC International Beijing (EA) Limited
- Defendant: Commissioner of Domestic Taxes
- Judgment Date: 22 November 2024
The Tax Appeals Tribunal in Kenya ruled on the case involving AVIC International Beijing (EA) Limited (Appellant) and the Commissioner of Domestic Taxes (Respondent) concerning disputed tax assessmentsA tax assessment is a formal determination made by a tax authority to calculate the amount of tax an individual or entity owes. It is a comprehensive evaluation based on financial records, declared income, expenses, deductions, and any applicable tax laws or regulations. Tax assessments may arise from routine self-assessments by taxpayers, or they may be conducted by revenue authorities... covering Corporation TaxCorporate Tax refers to the tax imposed by governments on the income or capital of corporations. Corporations, considered separate legal entities, are taxed on their profits, meaning the income generated from their operational activities, investments, and other financial undertakings. This tax is generally a key revenue source for governments, helping to fund public services, infrastructure, and other essential functions. The..., PAYE, and Withholding Tax (WHT) for the years 2016 to 2023. The Respondent issued an audit notice on 30 July 2021 and finalized its assessments on 29 June 2023, leading to additional tax liabilities of Kshs. 530,528,802, later reduced to Kshs. 514,154,336 after objections.