Amos Kimunya

All parliamentary appearances

Entries 5961 to 5970 of 6175.

• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 17 be amended in the proposed subsection (2) by inserting the words "or outside" immediately after the words "established in." Mr. Temporary Deputy Chairman, Sir, we amended Section 9 of the Income Tax Act basically to widen the scope of taxation on the apparatus set up in Kenya by non-residents for purposes of transmission of messages to include optical fibre, television broadcasting, VSAT, internet, satellite and other methods of communication. What this meant is that gains of profit that accrue to a non-resident person from transmission of messages using ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- November 9, 2006 PARLIAMENTARY DEBATES 3565 THAT, Clause 19 be amended in the proposed section 12(c) by re-numbering the existing provision as subsection (1) and inserting a new subsection as follows- "(2) The Minister may, by notice in the Gazette, prescribe rules for the better carrying out of the provisions of this section." Mr. Temporary Deputy Chairman, Sir, this amendment is basically to empower the Minister to make rules for the proper operations of the Turnover Tax. This is something we are introducing to people with small businesses. We have not ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I would like to confirm to this House that the rules are not envisaging to change the rate. The rate will be set by the House. However, the question that has been arising is in terms of hon. Members saying: "Can I opt to be on the VAT or the Turnover Tax or do I pay Turnover Tax and that will be final?" We need to prescribe some rules that will be followed. We need also to include forms that will be filled by business people. This is because we did not provide them at ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- 3566 PARLIAMENTARY DEBATES November 9, 2006 THAT, Clause 20 be amended by deleting subclause (c) and substituting therefor the following new subclause- (c) by deleting subsection 8 and substituting therefor the following new subsection- (8) In this section, where the Minister is required to give his approval regarding any matter, he may make rules relating to the granting of such approval. Mr. Temporary Deputy Chairman, Sir, within the Bill, we made some amendments to facilitate philanthropic contribution by members of the public - what they call chess- including contributions to charitable ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, that is actually the procedure. All rules are tabled in this House for 14 days before they become effective. view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I would like to comment on this issue. These are innovations that we are bringing into our statutes. People can donate money and it would be up to the Minister to use his discretion as to who qualifies for November 9, 2006 PARLIAMENTARY DEBATES 3567 tax rebate. We owe it to posterity, that whatever we do here should be consistently used in the future. What we are doing is to allow this good gesture so that people can make donations, but then we should have rules that would be used now and in the future. ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, the whole purpose is to allow contributions by individuals, specifically to political parties. This is to help the emergence of democracy and ensure transparency in the way people can make donations. Now, what the hon. Member is seeking to do is to block that gesture and say nobody can make a donation to a political party. As our democracy evolves and we go deeper into transparency what we are actually trying to do in this House is to kill the very avenue that is being created to further democracy in this country. We are telling ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, much as I follow the debate on Capital Gains Tax, I would also like to draw the attention of the House that November 9, 2006 PARLIAMENTARY DEBATES 3569 Clause 25 is not about the rates of Capital Gains Tax. It actually states the following: "(h) tax upon the Capital Gains of a person charged under Section 3(2)(f) shall be charged at the rates provided for under Paragraph 6 of the Third Schedule." The same Clause states the Turnover Tax shall be charged at the resident rate for the tax year. So, Clause 25 is not ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, may I just draw the attention of the House to the fact that it had approved Clause 19 which was on Turnover Tax. Already, we had approved that there shall be Turnover Tax, but now we want to delete a clause that says where the rates for Turnover Tax will be. I wish to reiterate that Clause 25 has two parts namely, (a) and (b). This afternoon, here in this House, we approved that there shall be a Turnover Tax, but that particular tax has not been defined where it will be. The rate of ... view
• 9 Nov 2006 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 26 be amended by deleting subclause (b) and substituting therefor the following new subclause- (b) in subsection (3)- (i) by deleting the words "consultancy, agency or contractual fee" appearing in paragraph (f) and substituting therefor the words "management or professional fee"; (ii) by adding a new paragraph immediately after paragraph (g) as follows- (h) rental payments in respect of assets leased under a finance lease as defined in the Income Tax (Leasing) Rules, 2002. Mr. Temporary Deputy Chairman, Sir, these amendments basically seek to align the amendment in Rule ... view