Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1073577,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1073577/?format=api",
    "text_counter": 136,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "exempted Japanese companies and consultants from paying tax. With that, I support the move to exempt KQ from minimum tax. I have heard the Member for Kimilili, Hon. Didmus, on this matter. I want to agree with the Leader of the Majority Party on the question of delinking what we intend to do with this delegated legislation from the ownership structure of KQ. I want to beg those of the opposite view, like Hon. Didmus, that it is indeed some of us who rose on this Floor when we were passing legislation on minimum tax to oppose the idea of minimum tax. You cannot tax a business based on its turnover. You tax the profits and the returns that businesses make, not the turnover amount. If you take the example of any airline - we should even think of how to extend this exemption beyond Kenya Airways to other airlines and other businesses. I am happy that the courts stepped in to save Kenya from this minimum tax legislation. I pray that the matter in court will be resolved in favour of the people of Kenya. As legislators, I think we did fail the people of Kenya by not protecting them. The airline industry has so many levies and taxes loaded on ticket sales. Therefore, when you charge minimum tax on a ticket sale, you are actually taxing a tax. With the collapse of the aviation due to the COVID-19 Pandemic, many pundits now estimate that it would probably take airlines across the world a minimum of two to three years to be able to recover. Therefore, I want to support these regulations on the basis that the airline’s operations will also have a ripple effect on other sectors of the economy - talk of tourism, taxi businesses and hotels - given the number of passengers it brings to the country. We must be in a position to secure at least our national airline and pride. But this must not be seen or used by those who intended to use State capture to capture the business of KAA. This must not be another avenue. Lastly, we must ensure that if we exempt this corporation from taxes, it must also subject itself to audit."
}