Kenyan law taxes crypto protects consumers

Kenyans who possess or trade in cryptocurrencies must report their activity to the government for tax reasons. Cryptocurrency kept for less than a year is subject to income tax, while capital gains tax applies after that. Kenya levies an income tax ranging from 10% to 30%. Banks currently levy a 20% excise tax on all cryptocurrency commissions and fees. (Read More)
from Blockchain News https://ift.tt/WF1kDiQ