The High Court earlier this month ruled that KRA could collect withholding tax from shipping lines on container demurrage charges – which are additional fees levied on cargo importers for continued use of ships due to delay in offloading goods after arrival at port.

Judge of Milimani Court’s Commercial and Admiralty Division Francis Tuiyott ruled in favour of KRA in a consolidated tax appeal case filed by the shipping lines operating in Kenya protesting taxation of income on demurrage charges.

Date              Currency             Rates
25/02/2020    AUSTRALIAN $    66.825
25/02/2020    US DOLLAR    101.25
25/02/2020    CHINESE YUAN    14.3987
25/02/2020    STG POUND    130.7394
25/02/2020    KES / BIF    18.758
25/02/2020    SAUDI RIYAL    26.9928
25/02/2020    CHINESE YUAN    14.3987
25/02/2020    SINGAPORE DOLLAR    72.244
25/02/2020    KES / TSHS    22.8897
25/02/2020    NOR KRONER    10.808
25/02/2020    S FRANC    103.4747
25/02/2020    JPY (100)    91.1587

Date              Currency                           Rates
26/02/2020    HONGKONG DOLLAR    12.9945
26/02/2020    AUSTRALIAN $    66.7511
26/02/2020    IND RUPEE    1.412
26/02/2020    EURO    109.7829
26/02/2020    AE DIRHAM    27.5621
26/02/2020    STG POUND    131.3329
26/02/2020    US DOLLAR    101.23
26/02/2020    S FRANC    103.5283
26/02/2020    CAN $    76.1873
26/02/2020    DAN KRONER    14.6996
26/02/2020    KES / USHS    36.4446
26/02/2020    JPY (100)    91.5777