For instance, gone now are the days when film enthusiasts would queue at movie shops to buy their favourites films or throng movie theatres. The Covid-19 pandemic has especially thrown the phenomenal business shift from the brick and mortar model to digital platforms into sharp relief. With reduced and restricted physical contact, migration to digital platforms has been the only way for many businesses to remain afloat. According to the Finance Act, 2020, the digital service tax is only meant for services rendered over a digital market space. Multinationals that have for a long time derived their income from Kenya through provision of digital services now have an opportunity to plough back into Kenya for the development of our country.

Source: The Star March 10, 2021 00:56 UTC