Taxman to slap 20% levy on gambling winners
29 November 2011, 17:47
Kenya Revenue Authority is to impose a 20 per cent withholding
tax on winnings from gaming as it seeks to bring more people in to the
Currently the taxman only levies a 16 per cent tax on the gaming company leaving winners untaxed.
Speaking at a Mocality Business Conference at the
KICC in Nairobi, Mr David Gichohi, a senior KRA official noted that
there was no way that winners can be taking 100 per cent of the money
without paying taxes.
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