One of the reasons advanced by ICPAK regarding the VAT Bill 2012 which when enacted will result in taxing of basic commodities like milk and Unga is that exempting VAT is unconstitutional "The Constitution of Kenya 2010 upon being enacted made certain provisions that would require existing legislations to be amended to bring them in tune with the provisions there-in. Article 201 prescribe the Principles of Public Finance key of them in this regard is the provision of Article 201 (1) (b) (i) that the burden of taxation shall be shared fairly. Article 210 of the Constitution is even more explicit to the extent that it out-laws any form of tax exemption. Article 210 (3) has in express terms decreed that no law may exclude or authorize the exclusion of a State Officer (hitherto, the beneficiaries of tax exemption) from payment of tax whatsoever. This must provide the thrust to see through the reform of the VAT Law."
Posted on: Mon, 10 Jun 2013 16:27:26 +0000
Trending Topics
Recently Viewed Topics
© 2015