Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
US firms step up push to quash Kenya’s digital tax
The clamour to waive taxes for services on the digital marketplace comes as Kenya pushes for a new trade deal with the US ahead of the expiry of the Africa Growth Opportunity Act (Agoa) by the end of September, 2025.
US tech giants, including Microsoft, Netflix, and IBM, want Kenya to axe its digital marketplace tax, flagging it as a trade barrier even as the country seeks a new trade deal with Washington.
The digital services tax, which was recently renamed as the Significant Economic Presence (SEP) tax, has continued to raise concerns on fairness and formed part of the reasons that saw America slap Kenya with a 10 percent tariff in April this year.
