The Kenyan government has submitted a proposal to the parliament to impose a 3% tax on Bitcoin (BTC) and digital assets within the new budget year.
According to a report published by Bloomberg on May 4, Kenya governmentin access to finance problems. bitcoin, cryptocurrency And NFT like from transactions with digital assets 3% He plans to collect taxes.
Within the scope of the tax proposal submitted to the parliament, digital assets are included in the budget plan. comprehensive One definition appeared to have been done. In the new budget year of the tax can be applied for five rounds council of his reading Besides the committee of approval and later minister by approval of will need reported.
of the population to 8.5% corresponding 4.25 million of the world in terms of owning cryptocurrencies and global crypto adoption. 5. country known as Kenya from the relevant tax Between 2023-2024 21 billion dollar value like a income to get has planned was put forward.
If the tax is approved of the stock markets or various subject matter of transfer your platforms during the transfer 3% tax to the government return to do about to will collect guess was done.
Some cryptocurrency ecosystem players are skeptical that the tax proposal has been made by the Kenyan government. to adopt on the way positive One to your step claimed to point.
On the other hand, the tax high and that many cryptocurrency exchanges are much more expensive than tax. insignificant process fees It is stated that it continues its activities with Only digital assets against the cryptocurrency ecosystem of a tax proposal targeting bad minded It was also among the opinions that it was suggested that it could represent a political attitude.
Also for digital content producers. 15% One income tax It was among the details given in the budget proposals planned to be introduced.