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Kenya enacts Finance Act, 2019

Imposition of VAT on imported services (Reverse charge VAT)

Reduction of withholding VAT rate – Appointed withholding VAT agents are now required to withhold VAT at the rate of 2% as opposed to 6% of the taxable value on purchasing taxable supplies.

Definition of concessional loan

Taxation of Digital Market Place

Amendments relating to VAT-exempt supplies

Source EY

 

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