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{
    "id": 1080219,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1080219/?format=api",
    "text_counter": 368,
    "type": "speech",
    "speaker_name": "Homa Bay CWR, ODM",
    "speaker_title": "Hon. (Ms.) Gladys Wanga",
    "speaker": {
        "id": 590,
        "legal_name": "Gladys Atieno Nyasuna",
        "slug": "gladys-atieno-nyasuna"
    },
    "content": "This relates to Income Tax for family trusts. This is a new area. Not many of us, even if we have wealth, create trusts. This is a move to encourage creation of family trusts such that if I get my salary, it is taxed. If I put it in the trust and tomorrow I want to pay it out to my next of kin, then there is a proposal here to exempt it from tax, especially for purposes of education, medical treatment, early adulthood housing and so on. We are talking about amounts below Ksh10 billion and as may be prescribed by the Commissioner. I beg to move."
}