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{
    "id": 102958,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/102958/?format=api",
    "text_counter": 101,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Mr. Speaker, Sir, in order to enhance the PAYE collection mechanism, I propose to amend the law to improve on the PAYE dispute resolution system, enhance online filing of PAYE returns and provide certainty to the PAYE penalty structure. These proposed measures should encourage employees to utilise the online services and facilities provided by KRA which should lead to enhanced compliance. Tax planning remains a key feature of our landscape. Maintaining a line between legitimate tax planning and planning designed to avoid taxes payable under the law remains a challenge for all of us. As part of our efforts to address anti- avoidance schemes, hon. Members will recall that last year I restricted the period within which business losses can be claimed for tax purposes to five years. This year I am proposing additional measures to deal with tax planning schemes involving interest-free loans advanced to local businesses by their non-resident associates. At the same time, we are enhancing the capacity of the KRA in terms of staff skills in the area of transfer pricing in order to ensure that they are not only kept abreast of the emerging tax planning trends but also to ensure that adequate mitigating measures are put in place to address the same whenever it arises. Further, I intend to supplement those efforts by extending our double taxation treaty network. This year, negotiations were concluded with all our EAC partners, Mauritius, Iran and Kuwait. Modalities are already in place to operationalize those treaties. We have also put, as a priority, the signing of as many treaties as possible in the current fiscal year which will, in fullness of time, shield our investors from any double taxation and also encourage exchanges of variable tax information with our treaty partners."
}