Tribunal faults KRA’s Sh972m tax assessment against Kuscco

A Kenyan tribunal ordered the Kenya Revenue Authority (KRA) to review a Sh972.9 million tax demand against the Kenya Union of Savings and Credit Cooperatives (Kuscco), citing an assessment based on unreliable financial statements. The Tax Appeals Tribunal set aside KRA’s decision from February 18, 2025, and mandated a fresh review using reconstructed financial statements. The ruling invalidates the previous assessment and requires a new financial review of Kuscco.