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KCB Bank Kenya Limited v Commissioner Legal Services & Board Co-ordination (Tax Appeal E023 of 2024)

A forced sale by auction is subject to VAT

“It is vital to note that sale by auction is referred to as ‘a hostile sale’ where the property of the debtor is sold by force. The creditor steps in the foot of the debtor to effect the sale for the debtor. It then follows that the creditor has to dis...

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