Entry Instance

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

{
    "id": 1079425,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1079425/?format=api",
    "text_counter": 123,
    "type": "speech",
    "speaker_name": "Othaya, JP",
    "speaker_title": "Hon Gichuki Mugambi",
    "speaker": {
        "id": 13463,
        "legal_name": "James Gichuki Mugambi",
        "slug": "james-gichuki-mugambi-2"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. Everyone was saying ‘Madam Speaker’ when there was no Madam Speaker on the Chair but now, I have done it the right way. I am addressing Madam Speaker. I continue with my contribution on the Finance Bill. I support the Committee on the issue on reviewing tax on boda boda . We need to pause that tax because as we speak, boda boda is the single major employer of our youth in this country. We know they are doing a great job. They are contributing a lot to the economy of this country and the only thing we should do is to support them more but not to tax them more. I join the Committee in opposing this tax on boda boda and stand with our youthful investors. I commend the Committee on the issue of related party transactions. A lot of tax evasions by multi-nationals in this country are done through related party transactions. If we really want to reign on tax evasion, this is an area to focus on. We would like to see that all related party transactions are above board and are objective, so that we make sure that there is no transfer of profits from where the profits are made to tax havens and to other jurisdictions. This is an area I would support Kenya Revenue Authority (KRA) to make sure that those multi-nationals that are lucky to make money in this country are also making their contributions to the development of this country through payment of taxes. On the issue of the period under which we should keep record, this should be synchronized with the Limitations of Actions Act, so that we do not have a recommendation of keeping records at a lesser period than that which is given under that Act. I beg to support. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}