CS Rotich puts online firms in tax crosshairs

Treasury CS Henry Rotich. FILE PHOTO | NMG

Treasury Secretary Henry Rotich has paved the way for KRA to start taxing revenue generated by electronic commerce companies in the local market.

The proposed amendments to the Income Tax Act in the Finance Bill 2019 have included income earned through a digital marketplace among the lines of revenue on which tax is chargeable, a move that will affect among others large global firms such as Facebook, Uber, Google and Amazon on whose platforms people trade goods and services.

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