Update - Kenya Repeals Digital Assets Tax, Expands Significant Economic Presence Tax, and Other Measures of Finance Act 2025

As previously reported, Kenyan President William Ruto signed the Finance Act 2025 into law on 26 June 2025. Late changes to the legislation include the repeal of the digital asset tax instead of a reduction in the tax rate to 1.5% as originally proposed. In relation to this, excise duty amendments were made, including the introduction of an excise duty on fees charged on virtual assets transact…
Continue Reading