Tax Management Of Kenya Against Increasing Taxes For Local Operators

The tax department of kenya (kra) announced its opposition against the amendments to the gambling tax legislation of the country. The agency believees that an increase in the tax rate for gambling organizers will negatively affect the development of the industry and will contribute to an increase in the shadow gambling business.

In kra, the led statistics over the past three years, according to which the state received $ 45.3 million of gambling taxes from operators. Representatives of the tax department of the growth of the incorrectness of the latest laws for taxes on the gambling business.

The figures given by the department do not include the casino tax deductions. In the amount of $ 45.3 million, the payments of the operators of sports rates and the organizers of the lottery.

Recall: kenyan lawmakers want to increase the tax fee for organizers of gambling and lottery operators up to 15% and 20%, respectively. According to the latest data, the kenya’s gambling committee is ready to reiterate the provisions of the new gambling draft law on increasing tax rates for local gambling operators.