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Private sector pushes harmonised taxation to ease cost of business

Lack of regional uniformity will impact individual investors who navigate complex tax landscape in pursuit of a competitive edge. ....

Dar Es Salaam , Salaam Kariakoo , Nicholas Kahiro , Simon Kaheru , Johnson John , African Business Council , Workers Compensation Fund , Water Utilities Regulatory Authority Ewura , Skills Development Levy , East Africa , East African Business Council , Kampala Chapter , Finance Bill , Excisable Goods Management System , Digital Tax Stamps , How Kenya , Water Utilities Regulatory Authority ,

PwC urges taxpayers to comply with 1.5% Digital Service Tax

The Finance Act 2020 on Digital Service Tax (DST) introduced a tax of 1.5% of the gross transactional value effective 1st of January 2021. ....

Nicholas Kahiro , Digital Service Tax , Kenya Revenue Authority , Finance Act , Pwc Manager , Corporate Tax Specialist , டிஜிட்டல் சேவை வரி , கேந்ய வருவாய் அதிகாரம் , நிதி நாடகம் ,

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 ,

PwC pokes holes in implementation of KRA's digital tax

PwC pokes holes in implementation of KRA's digital tax
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Nicholas Kahiro , Kenya Revenue Authority , Pwc Kenya , Corporate Tax Specialist Nicholas Kahiro , கேந்ய வருவாய் அதிகாரம் , பவ்க் கேந்ய ,