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"id": 1442049,
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"type": "speech",
"speaker_name": "Ainamoi UDA",
"speaker_title": "Hon. Benjamin Lang’at",
"speaker": null,
"content": "The Bill proposes under the Income Tax Act to introduce Advance Pricing Agreement between the KRA and multinationals entities. Multinationals operate a very complex financial system. Sometimes they do tax planning so that, as a country, we lose. We want to make sure that everyone contributes their fair share of tax. We support the Advance Pricing Agreement for enhancement of revenue from multinational entities. This way, they will contribute their fair share of tax."
}