Keroche ordered to pay over Sh9 billion in taxes arrears

Mr Black

Elder Lister
Meaning biashara in Kenya = cheating ,stealing evading taxes ! Very sad,very sad !
But why would you willingly pay taxes to a government that does not provide security, it does not provide quality and accessible healthcare to you and your employees, it kills you with both bureaucracy and high taxes, your kids have to attend expensive private schools because public ones are nowhere near the best, the same government ensures transport costs are high because they have cops on roads to exploit your drivers, roads are horrible in some places, so why would you cut a wasteful, inefficient, corrupt government a cheque WILLINGLY? WHY?
 

shocks

Elder Lister
Rem corporate tax is always more than the VAT.
That statement depends on VAT rates and industry margins
Then on alcoholic drinks manufacturers, VAT is not the big tax, its excise taxes, hizi ni results za eabl 2018
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excise duty is about 14x corporate income tax
 

LeoK

Elder Lister
Businesses cheat on tax issues all the time. There are actually lawyers that can help you avoid taxes which is legal as oppressed to tax evasion which is illegal. For instance you cannot walk into EABL and the tell you exactly how many bottles they sold over a given period. Keroche misrepresented themselves on what type of alcohol content some brands have for different tax brackets to apply hence lower their obligation.
 

Kasaman

Elder Lister
Businesses cheat on tax issues all the time. There are actually lawyers that can help you avoid taxes which is legal as oppressed to tax evasion which is illegal. For instance you cannot walk into EABL and the tell you exactly how many bottles they sold over a given period. Keroche misrepresented themselves on what type of alcohol content some brands have for different tax brackets to apply hence lower their obligation.
Are you implying they should get a smart lawyer !
 

wrongturn

Elder Lister
I Usually smell bullshit from miles away. Like this one is pure. Someone remind me the size of Keroche, yaani all their assets and the profits they declare annually.
Anything coming from this govt is always questionable. Decisions nī ta cia waing'a.
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wrongturn

Elder Lister
Rem corporate tax is always more than the VAT. Ata hiyo ya Humphrey was another sham, created by DCI to raise debate and paint Kariuki as evil. Its just impossible to have such kind of tax arrears considering their market share
I was on the side of keroche but reading facts ,they tried to out smart kra , vienna vodka . they calculated tax treating one of their products as a wine instead of spirit, what they're being demanded are arrears for manufacturing that product.
 
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