Drew

an observer of the world and how it works

[Drew @O_Isokata]

@gabrieloguda This is private money, not taxpayers money.

[Hussain Shiyam 🇵🇸❓🎈 @ShiyamHussain]

This is utter bullshit. When Indonesia refused to grant the Israeli under 17 team visa’s for the 2023 U-20 World Cup, FIFA stripped Indonesia’s hosting rights and moved it to Argentina. So @FIFAcom can stop with the lies.

[Arsenal @Arsenal]

We miss our final penalty.

PSG - ✅✅❌✅✅
Arsenal - ✅❌✅✅❌

[Ryan @bernardooooV3]

Even as a rival fan, I have to admit this penalty technique from Bruno Fernandes is unsavable.

[Martien 🇳🇱 @MartienBall]

Happy 2 day anniversary to all those celebrating

[hassan @Hassan241]

haven’t stopped smiling since gabriel skied the penalty. the air feels fresher. food tastes better.

[A6788CC @A6788C]

Grown men jumping around celebrating right in front of a crying child,

that right there is what footballs all about⚽️❤️

[PATRON @UTDPatron]

Penalties: 4:3

[💟Ole IS Right, Esq. @Ole_is_right]

I find it deeply offensive when people compare Arsenal to terrorists.

Terrorists actually attack.

[Crystal Palace F.C. @CPFC]

European Champions.

[Chelsea FC @ChelseaFC]

Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐️

[(fan) Trey @UTDTrey]

CHAMPIONS OF EUROPE YOU WILL
NEVER SING THAT❤️🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[Alice @AliceTalksFooty]

This has age so bad already 🤣😭

[BakerMuse @MuseBaker]

- Osama Bin Laden in 2001

[NTV Kenya @ntvkenya]

Apartment prices fall following excess supply in Nairobi https://t.co/NZo5IbxpKw

[Pamela🇵🇹 @PamelaNjoku2]

Boko Haram Vs ISIS match tomorrow

[World Athletics @WorldAthletics]

HISTORY HAS BEEN MADE 🫨

Sabastian Sawe becomes the first person ever to break the 2-hour barrier in official race conditions, storming to a historic 1:59:30‼️

@KejelchaYomif, on his marathon debut, also breaks 2 hours with a stunning 1:59:41 and @jacobkiplimo2 clocks 2:00:28, also faster than the previous world record 😤

[CPA Wachira Joseph @WashiraX]

KRA is not playing with KTDA.

KTDA buys and sells tea leaves. Not tea. Tea ni chai. Chai ni ya kukunyua. Tea leaves ni majani ya chai. Kirui are we together?

Now,

KTDA was growing very fast. They wanted the Gulf people to taste the classical definition of proper Kenyan tea.

In 2008, they opened a branch in Dubai. Branch role, to market and sell tea in the Gulf.

In this setup, KRA was eating well. Because branches are like agents. They sell and send all profits back home.

So Dubai sold tea. Profits came back to Kenya. KTDA consolidated everything. And handed KRA a biig fat cheque.
KRA was extremely happy.

In 2014, KTDA got tired of tickling KRA.

They discovered.

- If they register a separate company in Dubai
- Gulf profits won’t be taxed in Kenya
- And Dubai tax was 0% too

So no taxes nowhere.

Directors said: Perfect. Do it. Fast!

As they are doing all this, they are unaware of one dangerous sentence sitting quietly in Kenyan tax law.

It reads:
• Any company managed and controlled from Kenya is a Kenyan resident company.

The Dubai company was registered. Life was good. Money was flowing. Zero income tax.

Next year, KRA noticed their cheque suddenly got thinner.

They asked KTDA Kenya, ndugu ni nini inaendelea hapa?

KRA got the shocking news of its life from KTDA.

- We do not have a problem paying taxes. But the Dubai branch has been upgraded to a full Dubai company. And profits are no longer coming home to be taxed.

KRA could not believe it. It returned to Times Tower. And embarked a fault finding mission.

In 2021, they found out:

- Directors of KTDA Dubai were all Kenyans
- They lived and drank tea in Kenya
- They controlled every single affair of KTDA Dubai from Kenya

Wakasema baas, nini ingine tunatafuta?

They invoked the one dangerous sentence. You remember it?

• Any company managed and controlled from Kenya is a Kenyan company.

KRA declared KTDA Dubai a Kenyan company

• Tax demanded 122M

KTDA ran to court with Dubai registration papers.

The judges questioned KRA why it wanted to harvest where Kenya did not plant?

KRA responded: My Lords, if your hen lays eggs in your neighbour’s land, is that egg yours or your neighbour’s?

Judges paused.

Then sided with KRA.

KTDA wakaabiwa walipe tax.

Case closed.

Lesson.

• Structure your offshore company properly.

• Or KRA will structure it for you.

[Drew @O_Isokata]

@alexmwanzo Size of the house is the main factor. Work with 45k per sqm and multiply with the size of the house u want.

[Chalbi @Chalbiwsk]

Talanta stadium is being built from sports fund, which is funded by levies on betting. sports fund is ring fenced to only allow investments in sports. You people are so slow btw.