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MPs approve tax-free deal for Japanese firms, expats


MPs approve tax-free deal for Japanese firms, expats
Thursday May 20 2021
By EDWIN MUTAI
Summary
Parliament has exempted Japanese companies, consultants and employees undertaking local projects funded through grants from Tokyo from paying tax.
The exemption is in respect of income accruing in or derived from Kenya in the projects under the financing agreements signed between Nairobi and Tokyo.
Parliament has exempted Japanese companies, consultants and employees undertaking local projects funded through grants from Tokyo from paying tax.
The exemption is in respect of income accruing in or derived from Kenya in the projects under the financing agreements signed between Nairobi and Tokyo. ....

Nairobi Area , Rift Valley , Mombasa Development Project Sh , National Assembly , Mwea Irrigation Development , Mombasa Port Development Project Sh , Olkariav Geothermal Power Development , Mombasa Special Economic Zone Development , Kenya Revenue Authority , Income Tax Act , Treasury Cabinet Secretary , Mombasa Special Economic Zone Development Project , Mombasa Port Area Road Development Project , Mombasa Port Development Project , Irrigation Development , நைரோபி பரப்பளவு , பிளவு பள்ளத்தாக்கு , தேசிய சட்டசபை , மிவெஅ நீர்ப்பாசனம் வளர்ச்சி , மாஂபாஸ போர்த் வளர்ச்சி ப்ராஜெக்ட் ஷ , மாஂபாஸ சிறப்பு பொருளாதார ஸோந் வளர்ச்சி , கேந்ய வருவாய் அதிகாரம் , வருமானம் வரி நாடகம் , கருவூலம் மந்திரி சபை செயலாளர் , மாஂபாஸ சிறப்பு பொருளாதார ஸோந் வளர்ச்சி ப்ராஜெக்ட் , மாஂபாஸ போர்த் பரப்பளவு சாலை வளர்ச்சி ப்ராஜெக்ட் ,

Kenya's Deal With Japanese Investors Denies KRA Billions


Kenya s Deal With Japanese Investors Denies KRA Billions
17 March 2021 - 11:45 am
President Uhuru Kenyatta with Foreign Affairs Minister of Japan Toshimitsu Motegi at State House, Nairobi on January 13, 2021.
PSCU
Treasury CS Ukur Yatani has shed light on the reason Japanese workers and contractors handling mega projects worth Ksh 328 billion are exempted from paying taxes. 
In a legal notice, CS Yatani directed that income from businesses and workers in the listed projects would not be taxed. 
“Cabinet Secretary for National Treasury and Planning directs that the income which accrued in or was derived from Kenya by Japanese companies, Japanese consultants and Japanese employees involved in the projects shall be exempt from income tax,” the notice recently issued read in part. ....

Rift Valley , Nairobi Area , Cyrus Oguna , Kisumu Ksh , Ukur Yatani , Mombasa Development Project Ksh , Mwea Irrigation Development Project Ksh , Olkariav Geothermal Power Development , National Treasury , Mombasa Special Economic Zone Development , Income Tax Act , Mombasa Special Economic Zone Development Project , Mombasa Port Area Road Development Project , Mwea Irrigation Development Project , பிளவு பள்ளத்தாக்கு , நைரோபி பரப்பளவு , மாஂபாஸ வளர்ச்சி ப்ராஜெக்ட் க்ஷ , மிவெஅ நீர்ப்பாசனம் வளர்ச்சி ப்ராஜெக்ட் க்ஷ , தேசிய கருவூலம் , மாஂபாஸ சிறப்பு பொருளாதார ஸோந் வளர்ச்சி , வருமானம் வரி நாடகம் , மாஂபாஸ சிறப்பு பொருளாதார ஸோந் வளர்ச்சி ப்ராஜெக்ட் , மாஂபாஸ போர்த் பரப்பளவு சாலை வளர்ச்சி ப்ராஜெக்ட் , மிவெஅ நீர்ப்பாசனம் வளர்ச்சி ப்ராஜெக்ட் ,

CS Ukur Yatani hands tax relief to Sh328b Japanese projects


THE STANDARD
By
Dominic Omondi |
March 17th 2021 at 09:24:44 GMT +0300
CS Ukur Yattani (PHOTO: FILE)
Japanese workers and companies will be laughing all the way to the bank after the government exempted them from paying income tax for projects valued at Sh328 billion.
In a legal notice, National Treasury Cabinet Secretary Ukur Yatani directed that the income that these businesses and workers earned from 15 projects will be exempted from income tax.
Mr Yatani said this was according to Section 13(2) of the Income Tax. “Cabinet Secretary for National Treasury and Planning directs that the income which accrued in or was derived from Kenya by Japanese companies, Japanese consultants and Japanese employees involved in the projects…. shall be exempt from income tax.” read part of the notice that was issued by Yatani on February 26, 2021. ....

Rift Valley , Ukur Yatani , Standard Gauge Railway , Mwea Irrigation Development , Mombasa Port Development Project Sh , National Treasury Cabinet , Mombasa Special Economic Zone Development , Mombasa Development , National Treasury , Olkariav Geothermal Power Development , National Treasury Cabinet Secretary Ukur Yatani , Income Tax , Mombasa Special Economic Zone Development Project , Mombasa Port Area Road Development Project , Mombasa Port Development Project , Irrigation Development Project , Cs Ukur Yattani , Kenya Revenue Authority , பிளவு பள்ளத்தாக்கு , தரநிலை பாதை ரயில்வே , மிவெஅ நீர்ப்பாசனம் வளர்ச்சி , மாஂபாஸ போர்த் வளர்ச்சி ப்ராஜெக்ட் ஷ , தேசிய கருவூலம் மந்திரி சபை , மாஂபாஸ சிறப்பு பொருளாதார ஸோந் வளர்ச்சி , மாஂபாஸ வளர்ச்சி , தேசிய கருவூலம் ,