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Kenya: KRA accuses flower dealer of playing dirty with parent firm

The taxman has accused a Naivasha-based company of restricting the sale of its flowers to its parent firm in the Netherlands to avoid paying taxes to the Kenyan Government.

The Kenya Revenue Authority (KRA) has claimed in court that Van den Berg Kenya Ltd (VDB-K) has been selling most of its flowers to its Dutch parent firm at extremely low prices to cut the amount of tax it pays.

VDB-K has sued the taxman to stop a Sh1.1 billion demand it says the authority has grossly exaggerated. But the KRA says in-depth audits into VDB-K revealed that the company has been colluding with its parent firm to dodge taxes.

Click here to read the complete article at www.allafrica.com.