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PwC Urges Taxpayers To Acquaint Themselves & Comply With The Digital Service Tax


He added, “DST is here to stay. Its main target is capturing non-resident compliance but, in its regulations, it has also touched on residents.”KRA defines a digital marketplace as a platform that enables the direct translation between multiple buyers and sellers of goods and services through electronic means. It acts as an intermediary, must be electronic e.g. website, mobile app etc.
The digital business models that are targeted include Online advertising, On-demand TV shows, video platforms etc., digital payments – a cashless economy and ecommerce and marketplace.
PwC views is that DST is applicable if there is an existence of a digital marketplace (multiple buyers and sellers, electronic and intermediary), generation of income from provision of services through a digital market place and provision of digital services to a user located in Kenya, IP address, a debit or credit card located in Kenya. ....

Nicholas Kahiro , Digital Service Tax , Kenya Revenue Authority , Pwc Kenya , Finance Act , Pwc Manager , Corporate Tax Specialist , Digital Market Place Supply , Banking Act , Income Tax Act , டிஜிட்டல் சேவை வரி , கேந்ய வருவாய் அதிகாரம் , பவ்க் கேந்ய , நிதி நாடகம் , வங்கி நாடகம் , வருமானம் வரி நாடகம் ,

Opportunities and pitfalls in fintech regulatory push


Opportunities and pitfalls in fintech regulatory push
Summary
Fintech is one of the least regulated segments of the country’s financial services sector, but the industry’s unregulated days are numbered.
Recent signals from various authorities indicate that change is coming – and it might be more constraining than some actors might like.
Monday April 26 2021
By DOMINIC INDOKHOMI
Summary
Fintech is one of the least regulated segments of the country’s financial services sector, but the industry’s unregulated days are numbered.
Recent signals from various authorities indicate that change is coming – and it might be more constraining than some actors might like. ....

Pezesha Africa , Digital Service Tax , Global Financial Innovation Network , Communications Authority Of Kenya , Central Bank , National Assembly Bill No , Capital Markets Authority , Global Fintech , National Assembly Bill , Value Added Tax , Digital Marketplace , Data Protection Act , Data Protection , Communications Authority , டிஜிட்டல் சேவை வரி , உலகளாவிய நிதி கண்டுபிடிப்பு வலைப்பின்னல் , தகவல்தொடர்புகள் அதிகாரம் ஆஃப் கேந்ய , மைய வங்கி , தேசிய சட்டசபை ர சி து இல்லை , மூலதனம் சந்தைகள் அதிகாரம் , உலகளாவிய ஃபிண்டெக் , தேசிய சட்டசபை ர சி து , மதிப்பு வரி , டிஜிட்டல் சந்தை , தகவல்கள் ப்ரொடெக்ஶந் நாடகம் , தகவல்கள் ப்ரொடெக்ஶந் ,

KRA embraces digital space as final phase of tax-filing begins


BUSINESS NEWS
A phone menu display. [File, Standard.]
Kenya Revenue Authority (KRA) is endorsing the use of digital methods in its service delivery at the start of the final phase of the tax return filing season set to close on June 30, 2021.
This comes in the middle of a pandemic that has seen individuals, corporates and other various organisations minimise physical business interactions therefore, device and embrace more ways of working effectively but still maintaining the social-distancing rule.
In a press release from the KRA Commissioner for Domestic taxes on Sunday morning, the taxman made a move in its efforts to enhance taxpayer’s experience through the implementation of more technology in their service delivery. ....

Githii Mburu , Digital Service Tax , Kenya Revenue Authority , Mservice App , Finance Act , General Githii Mburu , Commissioner Of Domestic Taxes , Kram Service App , டிஜிட்டல் சேவை வரி , கேந்ய வருவாய் அதிகாரம் , சேவை செயலி , நிதி நாடகம் ,