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"id": 1080129,
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"type": "speech",
"speaker_name": "Homa Bay CWR, ODM",
"speaker_title": "Hon. (Ms.) Gladys Wanga",
"speaker": {
"id": 590,
"legal_name": "Gladys Atieno Nyasuna",
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"content": "who, for the purposes of the arrangement, is a resident of the other contracting state if fifty per cent or more of the underlying ownership of that person is held by a person or persons who are not residents of that other contracting state for the purposes of the agreement. (3) Subsection (2) shall not apply if the resident of the other contracting state is a company listed in a stock exchange in that other contracting state. (4) In this section, the terms \"person\" and \"underlying ownership\" have the respective meanings assigned to them in the Ninth Schedule. This amendment relates to the issue of double taxation agreement. What the Committee has done is to state⦠Earlier in the year, we had Mauritius Double Taxation Agreement and we considered it under the Statutory Instruments Act. In that case, the House has no role in what happens. What the Committee is trying to do is to move it, especially tax related agreements, to be considered under the Treaty Making and Ratification Act of 2012 so that the House can have a say."
}