The long-running row over the punitive tax rates operators are expected to pay in Kenya continued this week when parliament rejected a proposal from the Finance and National Planning Committee to chop the tax rate down from 35 percent to 15 percent through an amendment to the 2018 Finance Bill.
It was the second failure for the Committee which had earlier this year tried the same amendment unsuccessfully through the Tax Laws Amendment Bill (see previous reports) and will do little to comfort operators seriously impacted by gambling, corporate and social taxation.
The tax increases, introduced in June last year, boosted the tax rate on GGR from 7.5 percent (bookmaking) and 12 percent (casino gambling) to a flat rate across all gambling verticals of 35 percent and have been fiercely opposed by operators.