The latest addition to our series of brief insights into the workings of the UK and supranational bodies reviewing the taxation of digitalisation of business.
27 June 2024 - Kenya Finance Bill replacing DST with SEP being withdrawn
Kenya's President William Ruto has announced that he will not sign the Finance Bill into law and has called for its withdrawal. That Bill was, amongst a lot of other things, removing the existing digital services tax (DST) and introducing instead a significant economic presence (SEP) rule, as previous reported.
There were widespread protests by the people against substantial increases in the taxes to which they would be subject as citizens. Saying he has listened to the views of Kenyans, the President pointed out that he would go by the wishes of the people.
President Ruto said he would engage the young people and listen to their issues .
