wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

1,583 Pages«<12401241124212431244>»
Kenya Airways...why ignore..
Options
Previous Topic · Next Topic
sparkly
#12411 Posted : Tuesday, May 07, 2019 1:27:25 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
xxxxx wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
KaunganaDoDo wrote:
obiero wrote:
News just in from the Exchange Bar, KQ to be exempt from payment of corporate tax

I doubt. No entity, whether corporate or human being can be exempted from tax obligations under our current constitution. Any Exemption can be general but not this specific, Tax exemptions will have to be given to other competitors. even 100% government owned enterprises like GDC pay corporate tax. Even KDF canteens nowadays pay VAT


Many International, National and Charitable institutions are exempted. Diplomatic, Disabled and senior citizens are also exempted from tax.

An exemption for KQ has to be passed by Parliament.

KQ already enjoys tax exempt status on full engine import and related accessories.. Now we are going to seal the bleeding


They also don't pay taxes on fuel, the food consumed aboard and the duty free merchandise sold to customers but that hasn't helped much.

The problem is operations and finance costs, not taxation.

The tax on new plane purchases currently still stands with a B787 costing upto KES 25B.. Be serious!


If up to now @Obiero still believes KQs challenges will be addressed in any way by tax exemptions then this thread should be closedLaughing out loudly coz clearly, he's way in too deep.



Clutching at straws Laughing out loudly Laughing out loudly Laughing out loudly. KQ does not pay taxes, infact it is directly consuming taxes through taxpayer bailouts and loan write-offs.

How will tax exemption help a company which is not paying taxes but consumming taxes?d'oh! d'oh! d'oh!
Life is short. Live passionately.
Back to top
  |
obiero
#12412 Posted : Tuesday, May 07, 2019 1:40:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
KaunganaDoDo wrote:
obiero wrote:
News just in from the Exchange Bar, KQ to be exempt from payment of corporate tax

I doubt. No entity, whether corporate or human being can be exempted from tax obligations under our current constitution. Any Exemption can be general but not this specific, Tax exemptions will have to be given to other competitors. even 100% government owned enterprises like GDC pay corporate tax. Even KDF canteens nowadays pay VAT


Many International, National and Charitable institutions are exempted. Diplomatic, Disabled and senior citizens are also exempted from tax.

An exemption for KQ has to be passed by Parliament.

KQ already enjoys tax exempt status on full engine import and related accessories.. Now we are going to seal the bleeding


They also don't pay taxes on fuel, the food consumed aboard and the duty free merchandise sold to customers but that hasn't helped much.

The problem is operations and finance costs, not taxation.

The tax on new plane purchases currently still stands with a B787 costing upto KES 25B.. Be serious!


KQ is zero-rated for VAT so they get a refund from KRA on the full VAT paid on planes.

When was the last time any firm received a tax refund.. 2017! Why charge a tax and then take 2 years to refund? Does it make sense to the company?
https://www.the-star.co....ions-to-offset-expenses/

KQ ABP 4.26
Back to top
WWW
  | | Edit by user: Tuesday, May 07, 2019 1:44 PM | Reason: Not specified
Ericsson
#12413 Posted : Tuesday, May 07, 2019 4:00:10 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Share price at below ksh.4
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
obiero
#12414 Posted : Tuesday, May 07, 2019 5:07:29 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
Share price at below ksh.4

Buyers manna. Quite sad that the PIIP has been brushed aside by the MPs. It has alot to do with the attitude of Mikosz during the debates.. He was too brash. Niweke kwa maombi

KQ ABP 4.26
Back to top
WWW
  | | Edit by user: Tuesday, May 07, 2019 7:19 PM | Reason: Not specified
Ebenyo
#12415 Posted : Tuesday, May 07, 2019 7:33:26 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
Share price at below ksh.4





3.96-4.00 With a volume of 114,800.
Market has reacted negatively to the idea of nationalisation of KQ.
Yesterday,it traded 36,400 shares at 4.38 down from 4.50.The current moves doesnt excite the market.
Mikorsy will have to come up with other ideas.

Towards the goal of financial freedom
Back to top
  |
tandich
#12416 Posted : Tuesday, May 07, 2019 7:39:12 PM
Rank: Member

Joined: 5/6/2008
Posts: 199
Back to top
  |
obiero
#12417 Posted : Tuesday, May 07, 2019 7:52:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ebenyo wrote:
Ericsson wrote:
Share price at below ksh.4





3.96-4.00 With a volume of 114,800.
Market has reacted negatively to the idea of nationalisation of KQ.
Yesterday,it traded 36,400 shares at 4.38 down from 4.50.The current moves doesnt excite the market.
Mikorsy will have to come up with other ideas.


I'm soo screwed.. Mungu tangulia

KQ ABP 4.26
Back to top
WWW
  |
Impunity
#12418 Posted : Tuesday, May 07, 2019 9:13:16 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
obiero wrote:
Ebenyo wrote:
Ericsson wrote:
Share price at below ksh.4





3.96-4.00 With a volume of 114,800.
Market has reacted negatively to the idea of nationalisation of KQ.
Yesterday,it traded 36,400 shares at 4.38 down from 4.50.The current moves doesnt excite the market.
Mikorsy will have to come up with other ideas.


I'm soo screwed.. Mungu tangulia


Sub 2 bob...here we come finally.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
Spikes
#12419 Posted : Tuesday, May 07, 2019 10:22:08 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
Ebenyo wrote:
Ericsson wrote:
Share price at below ksh.4





3.96-4.00 With a volume of 114,800.
Market has reacted negatively to the idea of nationalisation of KQ.
Yesterday,it traded 36,400 shares at 4.38 down from 4.50.The current moves doesnt excite the market.
Mikorsy will have to come up with other ideas.


I'm soo screwed.. Mungu tangulia


When I warned you branded me a clown...Now you see the 2 bob I sang for you has come to pass. A prophecy fulfilled. I'm now thinking of loading up for speculation. For your information I'll buy at less than 2bob from desperate Wanjiku who is no longer interested in holding a crap.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top
  | | Edit by user: Tuesday, May 07, 2019 10:24 PM | Reason: Not specified
maka
#12420 Posted : Tuesday, May 07, 2019 11:28:41 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Spikes wrote:
obiero wrote:
Ebenyo wrote:
Ericsson wrote:
Share price at below ksh.4





3.96-4.00 With a volume of 114,800.
Market has reacted negatively to the idea of nationalisation of KQ.
Yesterday,it traded 36,400 shares at 4.38 down from 4.50.The current moves doesnt excite the market.
Mikorsy will have to come up with other ideas.


I'm soo screwed.. Mungu tangulia


When I warned you branded me a clown...Now you see the 2 bob I sang for you has come to pass. A prophecy fulfilled. I'm now thinking of loading up for speculation. For your information I'll buy at less than 2bob from desperate Wanjiku who is no longer interested in holding a crap.



Things are thick....
possunt quia posse videntur
Back to top
  |
1,583 Pages«<12401241124212431244>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.