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Cryptopolitan 2024-10-22 20:50:31

The Kenya Revenue Authority (KRA) proposes real-time crypto tax monitoring

Nickson Omondi, manager of the digital economy tax office at KRA, said that the tax collection agency planned to roll out a real-time tax collection system that would be integrated into exchanges. Through this initiative, the KRA sought to increase Kenya’s tax base to tap into the growing sector, which reported crypto transactions of about $18.6B in 2022.

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