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Foreigners slapped with higher digital content tax
Foreign content creators will pay four times as much in tax than their Kenyan counterparts should the Finance Bill 2023 sail through. FILE PHOTO | SHUTTERSTOCK
Non-resident digital content creators have been slapped with a steeper tax at 20 percent compared to their local counterparts whose withholding tax was reduced to five percent.
This follows amendments proposed by the Finance and National Planning Committee which are now part of the Finance Bill whose adoption vote continues in the National Assembly.
