What Treasury requires for effective digital taxes

The National Treasury building. FILE PHOTO | NMG

The Kenya Revenue Authority (KRA) has recently released draft Value Added Tax (Digital Marketplace Supply) Regulations, 2020. In our opinion, the drafters have done a good job in putting together the first draft.

In the recent past, taxation of the digital economy has become topical worldwide, several changes have been made to our fiscal laws to emphasise the government’s desire to tax this sector.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.