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{
    "id": 1409824,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1409824/?format=api",
    "text_counter": 607,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": " Hon. Speaker, I beg to move the following Motion: THAT, this House adopts the Report of the Departmental Committee on Finance and National Planning on its consideration of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, laid on the Table of the House on Tuesday, 30th April 2024 and, pursuant to the provisions of Section 8(4) of the Treaty Making and Ratification Act, 2012, approves the Ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, subject to reservations on Article 5 (Application of Methods for Elimination of Double Taxation) and Article 16 (Mutual Agreement Procedure). Hon. Speaker, first, I wish to extend my gratitude to you, and the Clerk of the National Assembly, for the support you accorded to us during the consideration of this convention. In the same light, I applaud the Members of the Committee for efficiently and, as always, canvasing the Multi-Lateral Instruments (MLI). I also thank the secretariat for always being diligent in their support of the Committee. The Committee further wishes to commend the following institutions for submitting their views on the convention: 1. The National Treasury and Economic Planning; 2. The Law Society of Kenya; 3. PricewaterhouseCoopers (PWC); 4. Bowmans LLP; 5. Anjarwala and Khanna Advocates; 6. PKF; 7. RSM (Eastern Africa); 8. Ernst & Young; 9. Okoa Uchumi; 10. KEPSA; 11. ICPAK; and many other institutions that have always endeavoured to provide their views to our Committee every time we have had a matter under our consideration."
}