Local man retweeted
Kikuyu prostitutes who are always shouting "Tano Tena" "Uhuru ni wetu" charge 150/= for short-time. "BiaCHARA iko shini!"
Local man retweeted
🚨 BREAKING: A man has been rescued alive from the rubble of the collapsed Eastleigh building and taken to Kenyatta National Hospital. Rescue efforts are still ongoing.
Local man retweeted
This is the #GachaguaWeKnow. Huyo Edwin Sifuna na Linda Mwananchi wanajaribu kusanitize juu ya kura Za Mrima hatutambui. A leopard never changes its spots!
Local man retweeted
Dp Ruto in a bold political move proposes OBURU ODINGA as the new Chair of IEBC @WehliyeMohamed @makaumutua @DonaldBKipkorir @kipmurkomen
Local man retweeted
Iran delivers threats in the most polite manner.
“We have not closed the Strait of Hormuz but it is currently not open.”
“If France is interested in us, we will be interested in them as well.”
Local man retweeted
Del Monte has been served their Ksh 1.76B tax bill for abusing transfer pricing rules.
They cannot believe.
In simple terms.
Transfer pricing is when a company sells to itself across borders.
For example
- Pineapples are grown & processed here in Thika.
- But Kenya is told: “There is no profit to tax in Kenya. All profit was made and taxed in majuu.”
How?
- Sell to your sister foreign company cheaply. To reduce sales.
- Charge Kenya management & brand fees. To reduce taxable profits.
- Load Kenya with group loan interest. To reduce taxable profits.
Result:
- Low profits in Kenya, low tax to KRA.
- High profits majuu where tax rate is below 30%. Lower taxes.
Court said:
- Thika is not called kwa mananathi for nothing.
- Profits follow where the work happens
- Paperwork can’t export value
Tax must be paid in Kenya. Period.
