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Italian firm contracted to build Itare dam fights tax demand

An Italian firm contracted to construct the multibillion Itare dam in Nakuru County is fighting tax demand by KRA. PHOTO | FILE | NATION MEDIA GROUP

sam

By  Sam Kiplagat

Court Reporter

Nation Media Group

What you need to know:

  • KRA explained that since Itare dam water supply project was an aid funded project, supplies made to the project are zero rated.
  • Based on the advice given, the company said it made an application to KRA seeking a refund of Sh166 million.
  • CMC Italy entered into a contract with Rift Valley Water Services Board for the Itare water supply project on May 15, 2015.

An Italian firm contracted to construct the multibillion Itare dam in Nakuru County is fighting tax demand by the Kenya Revenue Authority (KRA).

In an application to be heard on March 20, CMC Di Ravenna is also seeking a refund of Sh166,247,378 from the taxman.

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