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"id": 969219,
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"type": "speech",
"speaker_name": "Nambale, ANC",
"speaker_title": "Hon. Sakwa Bunyasi",
"speaker": {
"id": 2511,
"legal_name": "John Sakwa Bunyasi",
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"content": " Thank you, Hon. Speaker. I was keen on saying something. It is not possible statistically that by signing this Treaty, we can move from 18 to 34 per cent. Remember we are declining from 23 to 18 per cent. However, that is not what I stood to say. I support this Motion strongly. It clearly expands the physical space for the KRA to collect more. You have seen the examples from other countries. Although it is greater than the annual subscription, it is not very big. It is in the order of magnitude of $1 million, $2 million and for Uganda $25 million, which I think is very good. That is a gain. The most important thing is that as KRA expands their space, our citizens will get to know that they must pay their taxes and there is nowhere to hide. Where they go, there might be an exchange of information and we will catch up with them. In that process, I think it is very important that once this comes into force, KRA and Kenya as a whole, can track the degree to which the multilateral mutuality that was mentioned of Kenya versus the rest of the world, will be in our favour over time. If it is, then it is really sad that we must go for it. Secondly, Kenya has been unfortunately at the forefront of illicit financial flows a few years ago. I do not hear much of it these days. That is an extremely serious matter. There are many other ways in which you get illicit financial flows other than taxes. In taxes, we cannot talk about personal taxes particularly, but there are other ways in which straight looting and moving money across borders is part of primitive accumulation of resources in many countries and"
}