Lecture 29 Β· A Nairobi Expressway contractor kept the exemptions after the road opened, and owed KSh6.9 billion.
π»ππ πͺπππ πΉπππ: Cale Infrastructure treated its import exemptions as lasting past completion, and relied on a Treasury promise to carry the tax. The High Court held the exemptions ended when the road opened and the liability stayed with the importer, and confirmed KSh6.9 billion.
Illustration: Precursor
Your project enjoyed tax exemptions on imported machinery and materials. The road opens to the public, and the tax authority says the exemptions ended that day.
Put yourself in the project director's chair. When does a conditional exemption end, and who carries the tax once it does?
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Lecture 31 Β· The Kenya Roads Board called its interest public money, and the court taxed it anyway.
π»ππ πͺπππ πΉπππ: The Kenya Roads Board said the interest it earned was road money and untaxable. The High Court held that interest is taxable unless an exemption is written plainly, and that a noble purpose is not one.
Tax and financial judgement Β· 3 min read Β· Paid