Techpreneurs urge friendly terms as KRA moves to tax e-commerce

If you are an online entrepreneur and you have not been paying taxes, your tax holiday is about to end.

Kenya Revenue Authority is working on policies to start taxing ecommerce companies even foreign one’s such as Netflix inorder to grow its revenues, KRA’s policy manager Githinji Gathirwa has said.

He was speaking on Friday at Hilton hotel in Nairobi where KRA hosted online entrepreneurs for a taxation forum.

“Our expectation as online entrepreneurs is that KRA will introduce friendly taxes to make it easy for upcoming and existing online traders to grow,”  Timothy Munene, representing Online Professional Workers Association of Kenya said.

 In 2017, Kenya was ranked third in Africa in e-Commerce, with an estimated 2.61 million users, according to KRA chief manager, stakeholder engagement and events management Beatrice Mundia.

“The challenge we are facing on taxation of non-resident organizations that make money from Kenyans is visibility of the point of payment, this is an international challenge and it’s currently being worked on,” Gathirwa said.

 

 

 

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