VAT news tagged as "Withholding VAT"

Kenya

Kenya withholding VAT

October 10th, 2016

Kenya has reintroduced its withholding VAT, backdated it to 19 January 2016. The measure, designed to prevent VAT evasion, was first introduced in 2003. It is effectively a VAT split payment regime, similar to the one recently deployed in Italy.  It allows for the Kenyan Revenue Authority to collect VAT directly from the customer in …