- Digital money transfer apps are not required to pay VAT. The High Court made this ruling recently. Payment Service Providers are now under scrutiny. Justice Rhoda Ruto compared their services to those of banks. The decision aligns digital platforms with traditional financial services.
Source: standardmedia.co.ke
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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