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Bitcoin.com

2022-11-23 11:00:51

Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets Authority with details such as “the amount of proceeds from the

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