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{
    "id": 235064,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/235064/?format=api",
    "text_counter": 207,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " Mr. Temporary Deputy Chairman, Sir, I would like to oppose the amendment by the Committee on the basis that this is an issue that we discussed with the Committee at length. The amendment is seeking to lower the tax rate from 65 per cent on wines to 45 per cent. The effect of that would be a reduction of Kshs25 million from the Budget, which we have already factored in for the financing of projects in this country. I would like to point out that the effect of that is that we will appear to be looking at one specific manufacturer in order to accommodate his wishes. This manufacturer is not actually producing wine, but a fortified wine after mixing wine with spirit. That falls under a different category. If we were to do that, we would be compromising on taxes that we get from the entire wine industry. Mr. Temporary Deputy Chairman, Sir, I would like to urge this House to look at other ways of helping that kind of manufacturer, but not to compromise on the wine revenue that will be coming from the entire industry. We should retain the rate at 65 per cent, which is in parity with all the other drinks within the region."
}