Kone Kenya Limited v Commissioner of Legal Services and Board Coordination (Tax Appeal 113 of 2023) [2024] KETAT 1242 (KLR) (23 August 2024) (Judgment)
Citation
Kone Kenya Limited v Commissioner of Legal Services and Board Coordination (Tax Appeal 113 of 2023) [2024] KETAT 1242 (KLR) (23 August 2024) (Judgment)
Industry
The Appellant is a fully owned subsidiary of KONE Finland and therefore part of the larger KONE Group. KONE Group is in the business of making and disposal of elevators and escalators around the globe and in countries where it has presence.
AUDIT Trigger
The genesis of this dispute was the imposition of transfer pricing adjustments by the Respondent on the Appellant’s transactions.
Outcome
The Appeal was upheld, the Tribunal held that the Appellant was able to dispense the burden of proof.
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