Kenya: Finance Act, 2023 including withholding tax on digital content creators enters into force
Description
Finance Act, 2023 including withholding tax on digital content creators enters into force
On 1 July 2023, the Finance Act, 2023 including withholding tax on digital content creators enters into force. The Act introduces a 15% withholding tax on digital content creators generating income through website and social media advertising, paid …
Scope
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
legislature
Government Body
parliament