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{
    "id": 969217,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/969217/?format=api",
    "text_counter": 293,
    "type": "speech",
    "speaker_name": "Mosop, JP",
    "speaker_title": "Hon. Vincent Tuwei",
    "speaker": {
        "id": 13436,
        "legal_name": "Vincent Kipkurui Tuwei",
        "slug": "vincent-kipkurui-tuwei"
    },
    "content": " Thank you, Hon. Speaker. I want to thank the Departmental Committee on Defence and Foreign Relations for the work that it has done to find out exactly what it is that Kenya is ratifying. Kenya is one of those countries in Africa that are regarded to have gone ahead to implement most of the decisions that have earned this country a lot. This is one of the treaties that if we ratify through this House today, Kenya stands to benefit from the information to be obtained from other countries as a result of those who have been evading tax. Information on taxes makes one to analyze and pay the proper or reasonable amount that is required by law as per the said provisions. Countries that have ratified this have benefited from it. A very good example of a country that ratified is Sweden. It ratified it between 2010 and 2014 where they found tax evasion of USD33 million being recovered as a result of information received from the countries that sign this Convention. We also have Australia which got USD68 million. In Africa, we have countries like Togo which ratified this Convention in 2016 and were able to gain USD1 million. Tunisia got USD2 million and Uganda got USD25 million after ratifying it in 2015/2019. This is a very clear indication from what we have before us that ratifying this Convention will help this country to increase its tax collection and also try to weigh in on those who have been avoiding tax and those who have been hiding information from the tax net outside this jurisdiction. For that reason, I urge the House to ratify this Convention, so that we are able to help our Kenya Revenue Authority collect revenue. From the analysis that they have given us, our tax collection today is 18 per cent of the GDP. If we sign this Treaty, we will get 34 per cent of the GDP. This means that we shall have a 16 per cent increase in tax collection as a result of information to be obtained from the 135 countries that have signed this Convention. With those few remarks, I support."
}