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Taxman now pursuing athletes...
masukuma
#21 Posted : Friday, September 28, 2012 9:50:10 PM
Rank: Elder


Joined: 10/4/2006
Posts: 13,821
Location: Nairobi
death and taxes....
All Mushrooms are edible! Some Mushroom are only edible ONCE!
Impunity
#22 Posted : Friday, September 28, 2012 10:47:56 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
King G wrote:
Impunity wrote:
McReggae wrote:
2012 wrote:
vinii wrote:
According to Isiah Kiplagat, KRA is demanding 12.8m and 50m from two top athletes..the taxes have been assessed on the proceeds of their races abroad...


Can you be taxed for income earned for income earned outside the country that is not tied to export? What if the athletes decide to open accounts abroad and lave the money there?


You must pay tax, unless you can proove that you paid the tax where you earned the money!!!!


What is wrong with leaving the money in a Jersey island account and use VISA to tap into the pool bit by bit while in Kenya?
d'oh! d'oh! d'oh!


Huwesi makeit that way. As long as you are a resident of Kenya, you are still liable to pay taxes.

Explain how coz the money is left abroad.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Impunity
#23 Posted : Friday, September 28, 2012 11:01:44 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
bkismat wrote:

Hamilton the f1 driver is a Briton but for tax purposes he moved to Switzerland I think.

Yeah,and such countries are called tax havens.
Thats mobitelea and anglo are registered in Jersey Island and others in the Isle of Man.
In some of those countries you pay zero or very negligible tax,but a country like Sweden or Norway mandatory statutory deductions borders in the region of 60%!!!
Pray
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Njung'e
#24 Posted : Saturday, September 29, 2012 6:41:22 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Kulipa ushuru ni kujitegemea.......I have been paying fo eons and i am not complaining.They should pay,dead or alive!!!!!
Nothing great was ever achieved without enthusiasm.
conos
#25 Posted : Saturday, September 29, 2012 12:07:24 PM
Rank: Member


Joined: 4/30/2010
Posts: 241
even when u r earning nothing (zero income) u should file the zero returns. I did it and got a TCC.
ukiona choo kwa ndoto usiingie, ni mtego!
Kaigangio
#26 Posted : Saturday, September 29, 2012 12:41:28 PM
Rank: Elder


Joined: 2/27/2007
Posts: 2,768
an interview with a kenyan Mpig...

.....

...

..

Interviewer "so, are you saying that we should have 100 plus parties in Kenya?"

Mpig "Oh yes. In fact each and every MP should be allowed to have his own party...that is what competitive politics means, hahahahahahahaha!"

Interviewer "And why do people call you Mpigs"

Mpig "I don't know! But we are investigating the source of that name. Once we a through, we will table a bill in the parliament to make it illegal to use that name"

Interviewer "Are you comfortable with the idea of paying taxes?"

Mpig "No!! No way!!!How can i be?? Nobody is comfortable on paying tax...As a matter of fact Njiraini must go. Since when did a Kenyan MP pay tax? Even the constitution does not allow that!!. This amounts to harassing the MPs knowing far too well that MPs earn peanuts"

Interviewer "But sir even Jesus Christ said, give unto ceasar what belongs to him, referring to tax."

Mpig "Hahahaha! You know you guys are quite funny. You only read those parts that suits you. That man did not know what he was talking about. No wonder he was crucified because of telling people to pay tax. Also, don't forget that when Judas brokered Jesus to the Pharisees, he earned money, 30 silver pieces and do you know what happened after that?"

Interviewer "No. Tell me"

Mpig "The authorities told him (Judas) to pay tax and Judas refused. When they sent Zackayo to collect the tax from Judas and Judas got a whim that he was coming, Judas took the option of committing suicide rather than paying the tax. We as the MPs are in a similar situation. If anybody touches our salaries in the name of tax we will all commit suicide. and we mean it"

Interviewer "Oh My God!!!"

Mpig "Like i will keep telling you an ordinary Kenyan MP may be the most highly paid in the World but the constituency ground rules forces us to be the biggest spenders, donors and hand-out politicians in the world, hahahahahaha! you know what i mean"

Interviewer "Now that the athletes will be required to pay tax on their winnings will it not be in order for you MPs to table a bill in parliament to force KRA to include the athletes in the tax exempt cadre?"

Mpig "No! No! No! No! No! This cannot happen! Each one has to fight their own battles like we have done. Infact the athletes should pay tax just like the rest of the people. How else do you expect the government to meet its obligations if people refuse to pay taxes?

...

..



...besides, the presence of a safe alone does not signify that there is money inside...
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