TAXATION OF DIGITAL SERVICES: AMENDMENTS TO THE INCOME TAX ACT, CAP 470 & THE VALUE ADDED TAX (DIGITAL MARKETPLACE SUPPLY) REGULATIONS, 2020
The integration and use of technology in almost every aspect of our lives has become the new normal. The business world is no exception. Internet accessibility and stability has led to the development of a digital marketplace, whereby buyers and sellers are interacting through online platforms either in the sense of business to business transactions …