Description

Finance Act, 2023 including withholding tax on digital content creators was signed by President

On 26 June 2023, the Finance Act, 2023 including withholding tax on digital content creators received royal assent from the President. The Act introduces a 15% withholding tax on digital content creators generating income through website and social …

Scope

Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2023-06-26
adopted

On 26 June 2023, the Finance Act, 2023 including withholding tax on digital content creators receiv…

2023-07-01
in force

On 1 July 2023, the Finance Act, 2023 including withholding tax on digital content creators enters …