The Kenya Revenue Authority published a release on 12 August 2021 concerning the implications of the Finance Act 2021 on the Digital Service Tax.
Implications of The Finance Act 2021 on Digital Service Tax (DST).
June 29th 2021, marked the signing of the Finance Act 2021 by President Uhuru Kenyatta with gazettement following shortly after on 1st July 2021. The bill had proposed amendments on various statutes including the Income Tax Act which houses the Digital Service Tax (DST). The Digital Service Tax was introduced into the Income tax act for the first time in the Finance Act 2019. Since then, the act has undergone improvements in the Finance Act 2020 and now Finance act 2021.
Source Orbitax
Latest Posts in "Kenya"
- Kenya High Court Exempts Payment Service Provider Commissions from VAT, Overturns Tribunal Ruling
- High Court Rules Digital Money Transfer Apps Exempt from VAT, Aligning with Bank Services
- Kenya High Court Rules Fintechs’ Payment Processing Commissions Exempt from VAT
- Kenyan Court Exempts Fintechs from VAT; Ghana Merges Telecoms to Challenge MTN’s Dominance
- Kenya KRA GavaConnect Reaches 1,000 Developers: eTIMS and VAT API Integration Announced
