TAX
File | Nation Media Group

KRA goes for e-books, movies, online classes in new digital tax

What you need to know:

  • Not left out of KRA’s loop are betting, gaming and lottery services offered on foreign online platforms.
  • Loss-making entities will also pay DST as a final tax since they will not have income tax to offset against amounts paid during the year.

The next online class, e-book, music download, movie streaming or air ticket that you buy over the internet could cost you more, as KRA moves to implement the new tax on digital services.

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