[kictanet] Digital Tax set to increase

[Barrack Otieno]

Hi Victor,

I am just wondering whether thjs will have an effect on locally produced
Digital Content.

Regards

On Tue, 12 Apr 2022, 11:19 am Victor Kapiyo via KICTANet, <
kictanet at lists.kictanet.or.ke> wrote:

> Kenya plans to double tax on foreign tech giants like Amazon, Netflix,
> Twitter and PayPal which use the internet to market and sell products, a
> signal that Nairobi is hardening its stance against the US-backed global
> minimum rate on multinationals.
>
> The Treasury has proposed to increase digital tax service (DST) to three
> percent of the gross value of online transactions in the financial year
> starting July from the current 1.5 percent through the Finance Bill 2022.
>
>
> https://www.businessdailyafrica.com/bd/economy/kenya-to-double-tax-on-big-tech--3779440
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