Kenya Tax Agency Seeks Comments on Draft Income Tax Regulations for Significant Economic Presence Tax

The Kenyan Revenue Authority Sept. 22 opened a consultation on draft income tax regulations for the significant economic presence tax (SEPT). The draft regulations include measures to: 1) impose SEPT on nonresidents providing services to domestic consumers through an online or digital service platform; 2) clarify which digital services are subject to SEPT; 3) exempt specified types of taxpayers and income; 4) require nonresidents providing in-scope services without a permanent establishment (PE) in Kenya to register under the simplified tax registration regime; 5) establish that 10 percent of qualifying gross turnover will be considered taxable, and that 30 percent of ...