President William Ruto has announced a plan by his government to scrap the 1.5 percent levy on digital services in a U-turn that will see Kenya adopt the contentious global framework on taxing multinationals.
While Kenya had been opposed to the framework proposing a 15 percent minimum tax rate on global firms, President Ruto has expressed a change in tone which will see Kenya sign up to the pact by the Organization for Economic Cooperation and Development (OECD) ahead of its implementation on January 1, 2024.
