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Goal.com · Sep 19, 2019

FKF and KRA agree on settlement plan for 2012 tax arrears

The tax collecting body has accepted to lift the suspension it had imposed on the federation's accounts following their non-payment of taxes

Football Kenya Federation (FKF) has agreed on a settlement plan with Kenya Revenue Authority (KRA) on tax arrears dating back to 2012.

The two parties have agreed on a deal which will see the country's football body pay in partial the amount it owes the revenue authority.

KRA had put up an agency notice on FKF bank accounts, making it impossible for the federation to transact.

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In a series of correspondence seen exclusively by Goal, KRA uplifted the agency notice after FKF agreed on a monthly payment plan for the next one year.

Full story at Goal.com

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