- Kenya plans to launch a new VAT on electric vehicles, bikes, buses, and solar and lithium-ion batteries
- The aim is to widen Kenya’s tax base and eliminate certain exemptions
- The eco-tax is expected to raise the price of a 60-kilogram solar battery by $312
- Concerns have been raised that the taxes could impede adoption and discourage investment in the e-mobility sector
- The Kenyan government defended the tax changes as necessary to deal with the country’s debt burden and finance development projects.
Source: africataxreview.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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