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REGULATION | The Kenya Revenue Authority Nets ~$8.5 Million from Digital Tax in 21 Months – Includes Crypto Taxation
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REGULATION | The Kenya Revenue Authority Nets ~$8.5 Million from Digital Tax in 21 Months – Includes Crypto Taxation
The Kenya Revenue Authority (KRA) has collected KES 1.1 billion (~$8.46 million) from the Digital Service Tax (DST) since its implementation in January 2021, highlighting the growing significance of the digital economy as a tax base. Data from the National Treasury shows that the DST generated KES 241 million (~$1.86 million) in the six months to June 2022, bringing total collections since inception to over KES 1.1 billion by September 2022. The…
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