The tax was quietly removed in suspicious last-minute changes to the Finance Bill that was signed into law by President Uhuru Kenyatta this week. Treasury Cabinet Secretary Ukur Yatani said the excise tax was removed through the Finance Act 2020, but the government had not reneged on its commitment on taxation of the betting industry. “The removal of the 20 per cent tax on bets staked is a cause of concern and not celebration. Reversing betting tax was not on the cards two months ago, when Mr Limo’s committee published the Finance Bill for public comment on May 8. The Nation exclusively reported this week how legislators had at the eleventh hour made changes to the Finance Bill before sending it to the President for assent.

Source: Daily Nation July 03, 2020 07:52 UTC