blackjack card counting The KRA’s Misguided Efforts.The KRA wanted a 20% tax on gambling winnings, which it said should be imposed on the payout, as well as the original stake. Kenyatta may have simply been seeing dollar signs (or, in Kenya’s case, shillings) when he didn’t oppose the misguided idea and tried to order SportPesa to pay over $550,000 in back taxes. However, gambling companies didn’t roll over and comply quietly as anticipated, setting off several legal battles and confrontations that brought sports gambling in the country to its knees..Kenya’s government finally had its Finance Committee evaluate the tax regime and discuss concerns with stakeholders, something that should have happened from the start. Following those discussions, the Finance Committee reached the only obvious conclusion, stating, “The committee observed that the proposed rate of excise duty on betting is too high and may end up not achieving the intended revenue as most players will opt for international platforms for their betting activities.”.As a result, the government wasn’t able to collect the amount of money it had thought, limiting the country’s budget. More importantly, however, the problems hurt sports teams, which were able to collect a piece of the action to fund their programs. Now, with a more logical and acceptable 7.5% tax in place, the sports gambling industry can flourish, which means the country and its sports organizations will be able to flourish, as well. .