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{
    "id": 482465,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/482465/?format=api",
    "text_counter": 265,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Hon. Temporary Deputy Speaker, the Minister has introduced new measures in a new area with increased interest and that is the oil, gas and mineral exploitation in Kenya. He has decided to think ahead of everybody and make sure that in order to save the country from further physical challenges that come from this sector he proposes to reform the taxation of the extractive industry by removing the element of the Withholding Tax on transfer of interest. He has introduced Income Tax based on the net gain as far the oil, gas and mineral industry is concerned and he has borrowed this from the best international practices."
}