{"id":3168,"date":"2023-05-12T06:23:54","date_gmt":"2023-05-12T06:23:54","guid":{"rendered":"https:\/\/mpelembe.net\/?p=3168"},"modified":"2023-05-12T11:42:45","modified_gmt":"2023-05-12T11:42:45","slug":"tsunami-of-taxes","status":"publish","type":"post","link":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/","title":{"rendered":"Tsunami of taxes"},"content":{"rendered":"<p>By Kim Harrisberg | South Africa correspondent<\/p>\n<p>Kenyan influencers&#8217; popularity may soon be costing them, with the government recently proposing new taxes targeting the digital economy, including for content creators.<\/p>\n<p>Under the Finance Bill 2023, multiple amendments aim to grow the government&#8217;s tax base which has seen substantial deficits resulting in even government salaries being delayed.<!--more--><\/p>\n<p>Taxation of payments made to digital creators will stand at a withholding tax rate &#8211;\u00a0<a href=\"https:\/\/thomsonreutersfoundation.cmail20.com\/t\/d-l-zuuptl-jhkldtildl-t\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/thomsonreutersfoundation.cmail20.com\/t\/d-l-zuuptl-jhkldtildl-t\/&amp;source=gmail&amp;ust=1683958601504000&amp;usg=AOvVaw1CxDm4AaOGjq1Kob0kbXSz\">tax paid by the payer<\/a>\u00a0&#8211; of 15%, compared to 5% for professional services, according to the new legislation, TechCabal reported.<\/p>\n<p>The definition of &#8220;digital content&#8221; has been expanded to include offering payment for an array of online services including entertainment, education, artistic or social content.<\/p>\n<p>This could include adverts, sponsorships, subscriptions, brand partnerships, social media posts, merchandise sales, as well as a 3% tax on cryptocurrencies and non-fungible tokens (NFTs).<\/p>\n<p>Kenyan crypto advocacy group Cryptocurrency Kenya said on Twitter the tax was &#8220;<a href=\"https:\/\/thomsonreutersfoundation.cmail20.com\/t\/d-l-zuuptl-jhkldtildl-i\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/thomsonreutersfoundation.cmail20.com\/t\/d-l-zuuptl-jhkldtildl-i\/&amp;source=gmail&amp;ust=1683958601505000&amp;usg=AOvVaw0_lgcyH8dUszMi9HjCPlRF\">targeted harassment<\/a>&#8220;.<\/p>\n<p>The government has previously said it does not recognise crypto as legal tender and will not offer any protection\u00a0<a href=\"https:\/\/thomsonreutersfoundation.cmail20.com\/t\/d-l-zuuptl-jhkldtildl-d\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/thomsonreutersfoundation.cmail20.com\/t\/d-l-zuuptl-jhkldtildl-d\/&amp;source=gmail&amp;ust=1683958601505000&amp;usg=AOvVaw3hexwrrtZcm0hzCkLn4DTw\">to crypto users<\/a>\u00a0if the digital currency collapses, TechCrunch reported.<\/p>\n<p>In recent months, however, the government has suggested working on a legal framework for crypto assets, which will likely facilitate the upcoming taxation strategy.<\/p>\n<p>&#8220;The proposed Finance Bill by the Kenya Kwanza Regime is a punishing burden on Kenyans,&#8221; tweeted Raila Odinga, an opposition politician in Kenya.<\/p>\n<p>&#8220;The tsunami of taxes will suffocate the jobless youth and the poor,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Kim Harrisberg | South Africa correspondent Kenyan influencers&#8217; popularity may soon be costing them, with the government recently proposing new taxes targeting the<a class=\"moretag\" href=\"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":3169,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowu7GVCw:productID":"","_crdt_document":"","activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":3,"activitypub_interaction_policy_quote":"anyone","activitypub_status":"","footnotes":""},"categories":[12],"tags":[50,3240,528,7300,182,56,388,7302,898,7299,7301,1848,7303],"class_list":["post-3168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media","tag-articles","tag-bill","tag-countries","tag-crypto","tag-cryptocurrency","tag-economy","tag-kenya","tag-kim","tag-non-fungible-token","tag-odinga","tag-raila-odinga","tag-tax","tag-withholding-tax"],"featured_image_src":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png","blog_images":{"medium":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed-300x189.png","large":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png"},"ams_acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tsunami of taxes - Mpelembe Network<\/title>\n<meta name=\"description\" content=\"The tsunami of taxes will suffocate the jobless youth and the poor\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tsunami of taxes - Mpelembe Network\" \/>\n<meta property=\"og:description\" content=\"The tsunami of taxes will suffocate the jobless youth and the poor\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/\" \/>\n<meta property=\"og:site_name\" content=\"Mpelembe Network\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-12T06:23:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-12T11:42:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/#\\\/schema\\\/person\\\/2421ebbf3150931b1066b10a196d7608\"},\"headline\":\"Tsunami of taxes\",\"datePublished\":\"2023-05-12T06:23:54+00:00\",\"dateModified\":\"2023-05-12T11:42:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/\"},\"wordCount\":244,\"image\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mpelembe.net\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/unnamed.png\",\"keywords\":[\"Articles\",\"Bill\",\"Countries\",\"Crypto\",\"Cryptocurrency\",\"Economy\",\"Kenya\",\"Kim\",\"Non-fungible token\",\"Odinga\",\"Raila Odinga\",\"Tax\",\"Withholding tax\"],\"articleSection\":[\"Media\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/\",\"url\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/\",\"name\":\"Tsunami of taxes - Mpelembe Network\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mpelembe.net\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/unnamed.png\",\"datePublished\":\"2023-05-12T06:23:54+00:00\",\"dateModified\":\"2023-05-12T11:42:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/#\\\/schema\\\/person\\\/2421ebbf3150931b1066b10a196d7608\"},\"description\":\"The tsunami of taxes will suffocate the jobless youth and the poor\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mpelembe.net\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/unnamed.png\",\"contentUrl\":\"https:\\\/\\\/mpelembe.net\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/unnamed.png\",\"width\":640,\"height\":404},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/tsunami-of-taxes\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/mpelembe.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tsunami of taxes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/#website\",\"url\":\"https:\\\/\\\/mpelembe.net\\\/\",\"name\":\"Mpelembe Network\",\"description\":\"Collaboration Platform\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/mpelembe.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/mpelembe.net\\\/#\\\/schema\\\/person\\\/2421ebbf3150931b1066b10a196d7608\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c66a2765397adfb52418f6f2310640167a0af23ce662da1b68c8a0b8650de556?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c66a2765397adfb52418f6f2310640167a0af23ce662da1b68c8a0b8650de556?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c66a2765397adfb52418f6f2310640167a0af23ce662da1b68c8a0b8650de556?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\\\/\\\/mpelembe.net\"],\"url\":\"https:\\\/\\\/mpelembe.net\\\/index.php\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tsunami of taxes - Mpelembe Network","description":"The tsunami of taxes will suffocate the jobless youth and the poor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/","og_locale":"en_US","og_type":"article","og_title":"Tsunami of taxes - Mpelembe Network","og_description":"The tsunami of taxes will suffocate the jobless youth and the poor","og_url":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/","og_site_name":"Mpelembe Network","article_published_time":"2023-05-12T06:23:54+00:00","article_modified_time":"2023-05-12T11:42:45+00:00","og_image":[{"width":640,"height":404,"url":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#article","isPartOf":{"@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/"},"author":{"name":"admin","@id":"https:\/\/mpelembe.net\/#\/schema\/person\/2421ebbf3150931b1066b10a196d7608"},"headline":"Tsunami of taxes","datePublished":"2023-05-12T06:23:54+00:00","dateModified":"2023-05-12T11:42:45+00:00","mainEntityOfPage":{"@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/"},"wordCount":244,"image":{"@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#primaryimage"},"thumbnailUrl":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png","keywords":["Articles","Bill","Countries","Crypto","Cryptocurrency","Economy","Kenya","Kim","Non-fungible token","Odinga","Raila Odinga","Tax","Withholding tax"],"articleSection":["Media"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/","url":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/","name":"Tsunami of taxes - Mpelembe Network","isPartOf":{"@id":"https:\/\/mpelembe.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#primaryimage"},"image":{"@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#primaryimage"},"thumbnailUrl":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png","datePublished":"2023-05-12T06:23:54+00:00","dateModified":"2023-05-12T11:42:45+00:00","author":{"@id":"https:\/\/mpelembe.net\/#\/schema\/person\/2421ebbf3150931b1066b10a196d7608"},"description":"The tsunami of taxes will suffocate the jobless youth and the poor","breadcrumb":{"@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#primaryimage","url":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png","contentUrl":"https:\/\/mpelembe.net\/wp-content\/uploads\/2023\/05\/unnamed.png","width":640,"height":404},{"@type":"BreadcrumbList","@id":"https:\/\/mpelembe.net\/index.php\/tsunami-of-taxes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mpelembe.net\/"},{"@type":"ListItem","position":2,"name":"Tsunami of taxes"}]},{"@type":"WebSite","@id":"https:\/\/mpelembe.net\/#website","url":"https:\/\/mpelembe.net\/","name":"Mpelembe Network","description":"Collaboration Platform","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mpelembe.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/mpelembe.net\/#\/schema\/person\/2421ebbf3150931b1066b10a196d7608","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c66a2765397adfb52418f6f2310640167a0af23ce662da1b68c8a0b8650de556?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c66a2765397adfb52418f6f2310640167a0af23ce662da1b68c8a0b8650de556?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c66a2765397adfb52418f6f2310640167a0af23ce662da1b68c8a0b8650de556?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/mpelembe.net"],"url":"https:\/\/mpelembe.net\/index.php\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/posts\/3168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/comments?post=3168"}],"version-history":[{"count":3,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/posts\/3168\/revisions"}],"predecessor-version":[{"id":3183,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/posts\/3168\/revisions\/3183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/media\/3169"}],"wp:attachment":[{"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/media?parent=3168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/categories?post=3168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mpelembe.net\/index.php\/wp-json\/wp\/v2\/tags?post=3168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}