NAIROBI, Kenya November 1 – Kenyan Revenue Authority have reassured local athletes that they will not face double taxation of their earnings acquired abroad.
In a statement sent to newsrooms on Thursday the Authority said athletes will however have to submit evidence of tax payments abroad to allow it as a deduction against a computed Kenyan tax liability.
The statement went on to add that where tax credit is less than the computed Kenyan tax liability, the difference is payable to the KRA as such there would not be double taxation of the same income.
KRA was clarifying on taxation of athletes, to enable them comply with legislation that governs taxation of their income.
On compliance KRA notes that some of the challenges the athletes faced was accounting for taxes due from their other sources of income.
The statement went on to stress that the law required Kenyan residents to pay taxes on their income regardless of its source or country of origin and that income from participation in sporting activities is not an exception.
The athletics fraternity in the country caused a major uproar terming KRA plan to tax them as a corrupt way of punishing their hard work.
KRA added that they plan to facilitate awareness forums for athletes starting this month in Eldoret.
