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Tag Archives: tax

Tax hike, Global Slowdown Set To Dent Japan’s Economic Growth In 2020

Japan’s economic growth is expected to slow modestly in 2020, as a consumption tax hike combined with a sluggish global economy are poised to drag on flagging consumer spending and exports. The government’s 26 trillion yen ($237 billion) stimulus package and Tokyo Olympics and Paralympics-linked spending by tourists will serve to underpin the world’s third-largest economy. Japan’s real gross domestic ...

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Kenya’s Tax On Digital Trade and Services

Kenya will start levying new tax on digital markets under a new law signed by the president early in November. The Finance Act seeks to broaden the Income Tax Act net to include income accruing through a digital market place. The law defines the digital marketplace as a platform that enables direct interactions between buyers and sellers of goods and ...

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