SAD NEWS !!!! Gamblers to Completely Forget Sportpesa and Betin after KRA did this

0
640

KRA has challenged the judgment of the Tax Appeals Tribunal (TAT) delivered in favour of betting firms.

Last week, online betting companies won a bid to stop KRA’s over-taxation on betting prizes.

The Tax Appeals Tribunal of betting firms ruled that the 20 per cent withholding tax should be based on net winnings and not on the gross.

In a statement on Monday by KRA’S Legal boss Paul Matuku, the taxman challenged the tribunal’s decision.

If KRA appeal goes through the that will deem hopes of sportpesa and Betin to come back to the kenyan Market.

LEAVE A REPLY

Please enter your comment!
Please enter your name here