Australian Treasurer proposes 'Netflix Tax' for digital imports
Australia: Feb 10 Digital products such as books, movies, games, apps and e-books purchased by Australians from overseas could soon attract the Goods and Services Tax (GST), popularly ‘ Netflix Tax’. The Treasurer (equivalent of Kenyan Cabinet Secretary of Finance) argues that this will level the playing field between Australian and overseas businesses. Importantly, for the government especially, is the possible USD60 Million tax that can be collected annually. The EU and Japan are seen as trend setters on this. This is a policy issue we may be having in Kenya very soon, if it is hasn’t started as yet. Link to the story: http://www.smh.com.au/federal-politics/political-news/treasurer-introduces-n... <http://www.smh.com.au/federal-politics/political-news/treasurer-introduces-netflix-tax-for-gst-on-digital-products-to-parliament-20160210-gmq88u> --- Moses Karanja | @Mose_Karanja <https://twitter.com/Mose_Karanja> | PGP: 0x1529552F <https://pgp.mit.edu/pks/lookup?op=index&fingerprint=on&search=0x1529552F>
The interesting question for us will be: what is this level playing field that we will be creating if local businesses are heavily taxed even during the startup stages? On 10 Feb 2016 6:05 pm, "Mose Karanja via kictanet" < kictanet@lists.kictanet.or.ke> wrote:
*Australia: Feb 10*
Digital products such as books, movies, games, apps and e-books purchased by Australians from overseas could soon attract the Goods and Services Tax (GST), popularly ‘ Netflix Tax’. The Treasurer (equivalent of Kenyan Cabinet Secretary of Finance) argues that this will level the playing field between Australian and overseas businesses. Importantly, for the government especially, is the possible USD60 Million tax that can be collected annually.
The EU and Japan are seen as trend setters on this. This is a policy issue we may be having in Kenya very soon, if it is hasn’t started as yet.
Link to the story: http://www.smh.com.au/federal-politics/political-news/treasurer-introduces-n... --- Moses Karanja | @Mose_Karanja <https://twitter.com/Mose_Karanja> | PGP: 0x1529552F <https://pgp.mit.edu/pks/lookup?op=index&fingerprint=on&search=0x1529552F>
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
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Greetings, The USD.350M 4 year tax that expects to be collected must be a great incentive for the Treasury to work on this. A key message is on leveling the playing ground between their local players and overseas; economic interests. In Kenya for instance with the Uber entry and local taxi fights, even with the digital euphoria, it is important to listen to and work with the local voice from their perspective. Blessed weekend! Regards/Wangari --- Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth". On Wednesday, 10 February 2016, 18:28, Mose Karanja via kictanet <kictanet@lists.kictanet.or.ke> wrote: Australia: Feb 10 Digital products such as books, movies, games, apps and e-books purchased by Australians from overseas could soon attract the Goods and Services Tax (GST), popularly ‘ Netflix Tax’. The Treasurer (equivalent of Kenyan Cabinet Secretary of Finance) argues that this will level the playing field between Australian and overseas businesses. Importantly, for the government especially, is the possible USD60 Million tax that can be collected annually. The EU and Japan are seen as trend setters on this. This is a policy issue we may be having in Kenya very soon, if it is hasn’t started as yet. Link to the story: http://www.smh.com.au/federal-politics/political-news/treasurer-introduces-n... ---Moses Karanja | @Mose_Karanja | PGP: 0x1529552F _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/wangarikabiru%40yahoo.... The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
Hi Listers, I totally agree with Wangari, in as much as we get very excited by digital imports it is also important to protect local economies by ensuring that revenues are generated locally for products purchased digitally from the international market. Regards, Rosemary Koech-Kimwatu Twitter:@TechWakili Tel:+254 771632344/718181644 On 12 Feb 2016 1:25 pm, "WANGARI KABIRU via kictanet" < kictanet@lists.kictanet.or.ke> wrote:
Greetings,
The USD.350M 4 year tax that expects to be collected must be a great incentive for the Treasury to work on this. A key message is on leveling the playing ground between their local players and overseas; economic interests.
In Kenya for instance with the Uber entry and local taxi fights, even with the digital euphoria, it is important to listen to and work with the local voice from their perspective.
Blessed weekend!
Regards/Wangari
--- Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".
On Wednesday, 10 February 2016, 18:28, Mose Karanja via kictanet < kictanet@lists.kictanet.or.ke> wrote:
*Australia: Feb 10*
Digital products such as books, movies, games, apps and e-books purchased by Australians from overseas could soon attract the Goods and Services Tax (GST), popularly ‘ Netflix Tax’. The Treasurer (equivalent of Kenyan Cabinet Secretary of Finance) argues that this will level the playing field between Australian and overseas businesses. Importantly, for the government especially, is the possible USD60 Million tax that can be collected annually.
The EU and Japan are seen as trend setters on this. This is a policy issue we may be having in Kenya very soon, if it is hasn’t started as yet.
Link to the story: http://www.smh.com.au/federal-politics/political-news/treasurer-introduces-n... --- Moses Karanja | @Mose_Karanja <https://twitter.com/Mose_Karanja> | PGP: 0x1529552F <https://pgp.mit.edu/pks/lookup?op=index&fingerprint=on&search=0x1529552F>
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
We must definitely ensure we have anti-dumping mechanisms in place. Ultimately however the best protection businesses can have is quality and great service. Ali Hussein Principal Hussein & Associates +254 0713 601113 / 0770906375 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim "Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi Sent from my iPad
On 13 Feb 2016, at 6:10 PM, Rosemary Koech-Kimwatu via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Hi Listers,
I totally agree with Wangari, in as much as we get very excited by digital imports it is also important to protect local economies by ensuring that revenues are generated locally for products purchased digitally from the international market.
Regards,
Rosemary Koech-Kimwatu Twitter:@TechWakili Tel:+254 771632344/718181644
On 12 Feb 2016 1:25 pm, "WANGARI KABIRU via kictanet" <kictanet@lists.kictanet.or.ke> wrote: Greetings,
The USD.350M 4 year tax that expects to be collected must be a great incentive for the Treasury to work on this. A key message is on leveling the playing ground between their local players and overseas; economic interests.
In Kenya for instance with the Uber entry and local taxi fights, even with the digital euphoria, it is important to listen to and work with the local voice from their perspective.
Blessed weekend!
Regards/Wangari
--- Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".
On Wednesday, 10 February 2016, 18:28, Mose Karanja via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Australia: Feb 10
Digital products such as books, movies, games, apps and e-books purchased by Australians from overseas could soon attract the Goods and Services Tax (GST), popularly ‘ Netflix Tax’. The Treasurer (equivalent of Kenyan Cabinet Secretary of Finance) argues that this will level the playing field between Australian and overseas businesses. Importantly, for the government especially, is the possible USD60 Million tax that can be collected annually.
The EU and Japan are seen as trend setters on this. This is a policy issue we may be having in Kenya very soon, if it is hasn’t started as yet.
Link to the story: http://www.smh.com.au/federal-politics/political-news/treasurer-introduces-n... --- Moses Karanja | @Mose_Karanja | PGP: 0x1529552F
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
participants (5)
-
Ahmed Mohamed Maawy -
Ali Hussein -
Mose Karanja -
Rosemary Koech-Kimwatu -
WANGARI KABIRU