- KRA is barred from collecting 16% VAT from firms connecting banks, mobile money operators, and payment service providers.
- This benefits Kenya’s three main payment switch companies.
- The Tax Appeals Tribunal ruled against KRA’s VAT levy on October 24.
Source: businessdailyafrica.com
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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