KRA seeks 35pc tax on ads placed by betting firms

Betting online. FILE PHOTO | NMG

The Treasury and the Kenya Revenue Authority (KRA) want a 35 percent tax imposed on all advertisements booked by betting firms through radio, television, online, billboards, short messaging service and any other medium.

Mr Caxton Masudi, the KRA deputy commissioner in charge of policy told Parliament that the base of taxation should be pegged on the cost of the advertisement.

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