Kenya: Gains on petroleum products not subject to additional import duties (High Court decision)
Tax authority could not levy additional import duties on product gains on petroleum products after initial duties were already paid
Tax authority could not levy additional import duties on product gains
The High Court held that the tax authority could not levy additional import duties on product gains on petroleum products after initial duties were already paid on such products. Such products gains must be taxed solely under the income tax law.
The case is: Commissioner of Investigations and Enforcement v Libya Oil Kenya Limited (Income Tax Appeal E104 Of 2021)
Read an May 2024 report prepared by the KPMG member firm in Kenya
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