tax

The cryptocurrency realm is mounting a resilient resistance against impending regulatory proposals seeking to broaden the scope of entities obliged to disclose specific digital currency transactions. In August, the draft of the…

Economy Duty-free goods cost KRA Sh30bn foregone tax Tuesday November 14 2023 KRA Commissioner General, Humphrey Wattanga Mulongo before the National Assembly Departmental Committee on Finance and National Planning at Continental…

© Reuters. Car miniature, "Electric vechicles (EVs)" words, U.S. and Chinese flags are seen in this illustration taken, September 26, 2023. REUTERS/Dado Ruvic/Illustration By David Shepardson WASHINGTON (Reuters) - Democratic Senator…

In the ever-evolving world of cryptocurrency, the proposed U.S. tax regime for digital assets has ignited a fervent response from the crypto community. With an overwhelming 120,000 comments, the ongoing IRS hearing has become a battleground…

Economy IMF tax measures hand President Ruto 19.4pc revenue increase in October Monday November 13 2023 Cabinet Secretary, National Treasury & Economic Planning Njuguna Ndung'u. FILE PHOTO | DENNIS ONSONGO | NMG Tax receipts…

Tom Kerridge is leading calls from the hospitality industry for Jeremy Hunt to freeze taxes for pubs and restaurants, warning of mass closures without action. The TV chef and more than 200 of Britain’s most senior hospitality chiefs…

Jeremy Hunt is planning to overhaul a tax on company pensions in an effort to unlock tens of billions of pounds of investment in the UK economy. The Telegraph understands that the Chancellor wants to use the Autumn Statement to slash a…

Editorials Make out-of-court deals the norm in tax disputes Friday November 03 2023 Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). FILE PHOTO The Kenya Revenue Authority (KRA) should lean into…

Economy Crypto players withhold tax billions Wednesday November 01 2023 Players in the cryptocurrency sector are withholding billions of shillings in taxes from KRA. PHOTO | SHUTTERSTOCK Players in the cryptocurrency sector are…

Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion.The United States Attorney’s Office said on Oct. 31 that…