tax

The government announced the suspension of windfall profits tax on oil and gas companies if prices fall to normal levels for a long time. A sudden income tax halt would lower the overall tax rate for energy companies from 75% to 40%.…

Economy KRA awarded Sh1.2 billion to hire spies to look for tax fraud Thursday 08 June 2023 Budget and Appropriations Committee Chair Ndindi Nyoro (left), National Treasury and Economic Planning CS Njuguna Ndung'u (center)…

bitcoin Miners can breathe a glimpse of relief as the White House plan to aggressively tax the sector seems dead in the waters after a bigger deal between President Biden and top Republicans to prevent the US from defaulting on its debt.…

Economy Break into the state's plan to tax insurance payments Friday, May 26, 2023 The National Treasury building in Nairobi in this photo taken on March 15, 2023. Photo | Denis Onsongo | NMG Insurance customers will start…

Economy Kenya gets a Sh162 billion loan from the International Monetary Fund on tax reforms Tuesday, May 23, 2023 The National Treasury building in Nairobi in this photo taken on March 15, 2023. Photo | Denis Onsongo | NMG…

New figures released today show that Jeremy Hunt and Rishi Sunak's corporate tax hike is poised to put pressure on the UK economy through slowing investment. Nearly half of medium-sized companies plan to delay big spending projects…

ConsenSys — the blockchain company behind MetaMask — has made it clear that its self-custody wallet does not collect taxes on crypto transactions, nor has it amended its terms of service to do so. In an update, the company…

Economy KRA protests the Sh3bn budget cut over steeper tax targets Friday, May 19, 2023 Times Tower in Nairobi, headquarters of the Kenya Revenue Authority. file image | Denis Onsongo | NMG The Kenya Revenue Authority…

After getting the required votes, a major proposal has just passed in the KuCoin network. The proposal aims to raise the Terra Classic LUNC burn tax to 0.5%. After the positive results, KuCoin announced an increase in LUNC network burn…

Bitcoin-friendly Republican Senator Cynthia Loomis doesn't think the Biden administration's proposed 30% excise tax on bitcoin miners is unlikely to pass the House. On stage at Bitcoin Miami 2023, the politician remained…