All parliamentary appearances
Entries 5971 to 5980 of 6175.
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, we have already introduced in the Bill the Withholding Tax on the assets leased. Mr. Temporary Deputy Chairman, Sir, however, we found out that there is a discrepancy between the rules and the Act itself. This amendment is basically meant to harmonise the two. The introduction has already been included and it is not the issue here. This is a straightforward administrative issue for better management of the Act.
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9 Nov 2006 in National Assembly:
November 9, 2006 PARLIAMENTARY DEBATES 3571
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 31 of the Bill be amended in subclause (b)–- (a) by inserting the following new paragraph immediately after paragraph (ii) deleting subparagraph (ii) and substituting therefor the following new subparagraph–- (iiA) In item 5 by inserting a new subparagraph (i) as follows – (i) In respect of lease rentals paid under rule 3 of the Income Tax (Leasing) Rules, 2002, three per cent of the gross amount payable to the lessor. (b) by deleting the proposed item 9 appearing in subparagraph (v) and renumbering item 10 as item 9. ...
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9 Nov 2006 in National Assembly:
3572 PARLIAMENTARY DEBATES November 9, 2006
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, like I said, we regret a mistake we have just made in this House a few minutes ago. We have deleted a tax while this is the clause we should be working on and I did draw the attention of the House to it. So, it has no effect or meaning because we have deleted the clause. So, whether we delete it or not, it is of no use to us.
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, in order for us all to be clear on this, the clause proposes to tax certain benefits especially the house and entertainment allowances for the constitutional office holders. Hon. Members are aware of the public desire that every Kenyan should contribute to the running of this country and that nobody should be exempt from any tax. We have looked at it across the board and said constitutional office holders' incomes are ringfenced terms of what cannot be deleted except for house allowance and entertainment allowances. This proposed amendment is consistent with the Constitution. We have ...
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, the Bill be amended by deleting Clause 39 and replacing it with the following new clause- Amendment 39. The First Schedule to the of the first Revenue Authority Act is Schedule to amended in Part III- Cap.469. (a) by inserting the following new item immediately after item 10- 11. The Government Lands Act (Cap.280) (b) by inserting the following new item immediately after item 11- 12. The Sugar (Imposition of Levy) Order, 2002 (L.N.385/2002). Mr. Temporary Deputy Chairman, Sir, the import of the amendment, basically, arises from the consultations we ...
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I would like to draw the attention of hon. Members that Clause 24 is attempting to give Kenyans control over the insurance industry. There is a requirement that 30 per cent of the insurance industry must be owned by Kenyans. What it does not say is who is a Kenyan. Now, this is the power we are giving to the Kenyan people. I would be surprised that this House would like to take away the power we are giving to Kenyans to own shares in the insurance industry. Mr. Temporary Deputy Chairman, Sir, another point ...
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, can I respond?
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, the Bill be amended by deleting Clause 43. This is a joint amendment with the Committee on Finance, Planning and Trade. After our discussion on the amendments to the Insurance Act, we agreed unanimously that insurance brokers do not need a guarantee from the Central Bank of Kenya. So, we agreed to have this clause deleted. But as we look at this amendment, may I make a passionate appeal to you--- The future of Kenyans is in your hands now, and what we have just done on the last clause ...
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