30 May 2017 in National Assembly:
There are certain issues which have emerged and I think Hon. Makali Mulu is right in asking for a justification. If we pursue the agenda of using taxation to deal with social ills, we will be erring to an extent. The Constitution and Cap. 131 of our own laws give the mandate of levying taxes to the CS, Interior who is also in charge of regulating the betting industry. Extensive work was done by the Committee and I had a chance to see some of the presentations which were done before it by the Kenya Revenue Authority (KRA). I am ...
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30 May 2017 in National Assembly:
There are certain issues which have emerged and I think Hon. Makali Mulu is right in asking for a justification. If we pursue the agenda of using taxation to deal with social ills, we will be erring to an extent. The Constitution and Cap. 131 of our own laws give the mandate of levying taxes to the CS, Interior who is also in charge of regulating the betting industry. Extensive work was done by the Committee and I had a chance to see some of the presentations which were done before it by the Kenya Revenue Authority (KRA). I am ...
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30 May 2017 in National Assembly:
. Makali Mulu let me tell you that the taxation of 12. 5 per cent is on gross revenue and not on net profit and a further 30 per cent as corporate tax is equivalent to almost 60 per cent taxation. Therefore, I would like to urge this House to support the amendments as proposed by the Committee because effectively we will not be killing an industry which is also employing many Kenyans. As a House, we must get the CS, Interior to gazette the regulations which were presented before the Committee to ensure we regulate this industry because if ...
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30 May 2017 in National Assembly:
. Makali Mulu let me tell you that the taxation of 12. 5 per cent is on gross revenue and not on net profit and a further 30 per cent as corporate tax is equivalent to almost 60 per cent taxation. Therefore, I would like to urge this House to support the amendments as proposed by the Committee because effectively we will not be killing an industry which is also employing many Kenyans. As a House, we must get the CS, Interior to gazette the regulations which were presented before the Committee to ensure we regulate this industry because if ...
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30 May 2017 in National Assembly:
Thank you, Hon. Chairlady. I support it. Let me bring to the attention of the House the fact that the House has been very emphatic in demonising the actions of the Leader of the Majority Party. However, let us also appreciate that were it not for the Leader of the Majority Party, this Motion would not be before the House today. It was the Leader of the Majority Party in consultation with the Chair of the Departmental Committee on Finance, Planning and Trade who sought to have this Motion brought back this afternoon. Those of us who are anti-betting would ...
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30 May 2017 in National Assembly:
Thank you, Hon. Chairlady. I support it. Let me bring to the attention of the House the fact that the House has been very emphatic in demonising the actions of the Leader of the Majority Party. However, let us also appreciate that were it not for the Leader of the Majority Party, this Motion would not be before the House today. It was the Leader of the Majority Party in consultation with the Chair of the Departmental Committee on Finance, Planning and Trade who sought to have this Motion brought back this afternoon. Those of us who are anti-betting would ...
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25 May 2017 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. Maintaining the
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25 May 2017 in National Assembly:
Thank you, Hon. Temporary Deputy Chairman. Maintaining the
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25 May 2017 in National Assembly:
is killing this country. We are at a time when this country needs revenue. That revenue is in those very addictive habits. These types of taxes, in terms of economic balance, are referred to as ‘punitive’ or ‘sin’ taxes. Since this is in an industry where people get in, in droves, it presents a big opportunity for the Government to derive revenues that will help cure the social ills that have come with gambling in this country. We were debating the Jakoyo Bill the other day. I have heard what the Chair of the Committee of the whole House said ...
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25 May 2017 in National Assembly:
is killing this country. We are at a time when this country needs revenue. That revenue is in those very addictive habits. These types of taxes, in terms of economic balance, are referred to as ‗punitive‘ or ‗sin‘ taxes. Since this is in an industry where people get in, in droves, it presents a big opportunity for the Government to derive revenues that will help cure the social ills that have come with gambling in this country. We were debating the Jakoyo Bill the other day. I have heard what the Chair of the Committee of the whole House said ...
view