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KRA requires Kenyan betting firms to remit taxes daily via M-Pesa

Regulation

Kenya’s KRA is requiring betting companies to calculate taxes after midnight and pay them by 7 a.m. the following morning through M-Pesa, with the system due to take full effect on 12 May 2023. The report says 36 bookmakers had been integrated and cites a 7.5% excise duty on bets and 20% withholding tax on winnings.

Betting operators must integrate tax and payment systems to meet daily remittance deadlines.

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Italian senator criticises government over gambling firms’ tax contribution

Italian senator Marco Croatti criticised the government’s proposed funding for a 2027 car-tax exemption during debate on the fuel-cost and tax bill. He objected to the government not seeking contributions from gambling companies and other industries, arguing that they should help finance the measure.

Italian Five Star Movement senator Marco Croatti criticised the government for not seeking funding from gambling companies and other industries for a proposed 2027 car-tax exemption. The exemption in the fuel-cost and tax bill would apply to vehicles with power of up to 80 kW.

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