business

Biwott daughter, Vivo Activewear founder and Sh25m tax battle over trust

Biwott daughter, Vivo Activewear founder and Sh25m tax battle over trust

Millions of shillings spent by trust overseas at the centre of tax exemption dispute.

Knowledge Empowering Youth (KEY) Founder and CEO Rita Field-Marsham makes her remarks during a workshop in Nairobi on April 25, 2023.

Tax exemptions for charitable trusts, under Kenyan law, are meant to create a win-win situation where the institution gets relief as the State is certain that most funds collected are used for public good.

The catch, however, is that the Kenya Revenue Authority (KRA) must do a deep dive into books of accounts to ensure that funds are being spent on the benevolent activities claimed by the charitable organisation.

Occupants of the property were recently evicted by officers from the General Service Unit.

Property worth Sh31.5 billion has been seized from prominent Kenyans and other individuals over the last six years.

School heads are actively tracking down candidates affected by challenges such as gold-mining activities in remote regions.

Calls for higher remuneration for national examination invigilators gets Parliament's backing.

Interior CS Murkomen confirmed the structure lacked an occupation certificate.

  • tax
  • trust
  • biwott
  • daughter
  • vivo
  • activewear
  • founder
  • battle

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