Friday
June 7
2024

Uber and Bolt Argue That Kenya’s Economic Presence Tax Threatens Business

Ride-hailing apps Uber and Bolt have argued that their Kenyan operations may be unsustainable if the country’s parliament approves the 6% Significant Economic Presence Tax (SEP) proposed in the Finance Bill 2024.

Photo courtesy of Daniel Foster.

Source: TechCabal (link opens in a new window)

Categories
Technology, Transportation
Tags
corporations, regulations