KRA sets up special unit for digital tax tracking
Monday, June 29, 2020 0:01
By BONFACE OTIENO
The digital tax targets revenues generated by technology firms that use the Internet to market and sell products.
The new unit, Kenya Revenue Authority (KRA) said, would also facilitate taxpayers in the sector in determining and accounting for taxes.
“To ensure that the digital market sector pays their fair share of taxes, KRA has set up a dedicated unit to facilitate the taxpayers in this sector in the determination and accounting for taxes,” deputy commissioner in charge of policy and domestic taxes Caxton Masudi told the Business Daily last week.
The digital tax targets revenues generated by technology firms that use the Internet to market and sell products.
Besides income generated by firms in the digital marketplace, Mr Yatani is also looking at taxing people who buy goods and services online after he published draft Value Added Tax (Digital Marketplace Supply) Regulations 2020.
