Crypto Currency Tracker logo Crypto Currency Tracker logo
Cryptopolitan 2023-05-05 03:48:15

Kenya Contemplates Taxation of Cryptocurrencies, NFT Transfers, and Online Influencers

Kenya is considering introducing a new digital asset tax that would impose a 3% tax on cryptocurrency and nonfungible token (NFT) transfers and a 15% tax on monetized online content. The proposed bill, known as The Finance Bill, 2023, would require crypto exchanges and individuals to pay the tax on any income derived from the … Kenya Contemplates Taxation of Cryptocurrencies, NFT Transfers, and Online Influencers Read More »

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.