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{
    "id": 1346462,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1346462/?format=api",
    "text_counter": 354,
    "type": "speech",
    "speaker_name": "Tigania West, UDA",
    "speaker_title": "Hon. (Dr) John K. Mutunga",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. I wish to commend the Departmental Committee on Finance and National Planning for coming up with this Sessional Paper No.2 of 2023 on the National Tax Policy, which is a guideline for taxation in this country. The Mover and Seconder have articulated very well that unless we have predictability in the tax regimes, we dissuade our countrymen from doing a lot of business and we do not attract foreign investors. Attraction of foreign investment depends on the cost of the investment. Lack of a predictable tax environment dissuades, in terms of people deciding on where to invest their money. Investments do not come for a few days or years but they come for a long time. Since it is long-term, there is need for predictability. This Sessional Paper on the National Tax Policy is key in ensuring that anyone who is interested in doing business in Kenya knows the exact prevailing tax environment."
}