MPs Approve Exemption Of Taxes For Japanese Employees & Companies

Members of the National Assembly passed a motion by the Committee on Delegated Legislation exempting Japanese companies and employees from income tax.

This is after the Committee on Delegated Legislation in a report to the House made the recommendations targeting projects being implemented under government-to-government agreements.

The committee chaired by Tiaty Member of Parliament William Kamket recommended the Exemption from Income Tax of Japanese Companies, Employees, and Consultants working on projects agreed upon between the governments of Kenya and Japan.

“The committee recommends that the House approves the exemption of Income Tax from Japanese companies, employees, and consultants in accordance with Section 62 of the Income Tax Act,” MP Kamket said.

Committee vice-chairperson Muriuki Njagagua seconded the motion arguing that the Japanese government is seeking an exemption of Income Tax for its citizens for the work being done to benefit the people of Kenya.

Japan committed to give Kenya Ksh36.5 billion for the 12 months to June next year.

The money will be used to build roads, ports, and bridges while others will be used for budgetary support by the National Treasury.