Erastus Kwaka Omolo, Managing Partner Crowe Erastus & Co
Nairobi – June 29th, 2020

Technological advancement is making the world a village where almost everything is available at the touch of a button to anybody in any part of the world.  Technology has made nonsense of many protective tax treaties we have in the world today and rubbished things we call sacred national boundaries. It is a new world order in the tax arena. Nations must deeply rethink their tax laws and threats to their tax revenue bases.

Noise and threats by various governments around digital taxation are in my view hollow and are a journey to nowhere as the world is re-organizing itself to ride on the wings of current technological advances that is aiding global trade without borders.  It is a very disruptive phenomena that the only way for nations to survive its onslaught is to join in the taxation of the digital economy and not fight. It is survival of the fittest and late adopters will lose big time. 

Our Managing Partner FCPA Erastus Kwaka Omolo in his article published by The Accountant Journal of the Institute of Certified Public Accountants of Kenya in its March / April 2020 issue, gives insights into this new disruptive and evolving development.