Kenya to introduce new tax regime for online gambling
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The Kenyan government has announced that it is going to implement a new tax regime, especially for online and mobile gambling.
The Kenya Revenue Authority (KRA) has said that the new taxes will come into force in this July. The government is hoping to collect €463.2 million by the end of the year from gamblers and mobile money users. KRA commissioner-general John Njiraini hinted at a 10 per cent tax on mobile phone-based payments.
Mr. Njiraini added that the authorities have projected they’ll miss the annual tax collection target set by the Treasury by €963 million by next June 30.
Source: Latest News on European Gaming Media Network
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