Digital Transactions Face Tax Under Bill Advancing in Kenya

June 18, 2020, 8:21 PM

Kenya’s proposed 1.5% tax on the value of online transactions is sailing smoothly ahead in Parliament.

“This is a minimal tax to start with,” said Joseph Kirui Limo, chairman of the Finance and Planning Committee of Kenya’s National Assembly.The measure passed a second reading of the Finance Bill in Parliament Thursday with little objections.

“The bill is looking to enlist digital tax agents including banks and other digital service providers to capture the transactions happening in the marketplace,” Limo said. The bill would impact online marketplaces such as Amazon.com Inc. and taxi hailing apps including Uber Technologies ...

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