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{
    "id": 489306,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/489306/?format=api",
    "text_counter": 888,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "Hon. Temporary Deputy Chairman, on the contrary, what (c) (h) and (i) are proposing is to exempt matrimonial property which is subject to divorce and also to exempt the compensation for property acquired by the Government, which I have dropped. The reason for this exemption was because we had provided for a rate of taxing that compensation at 5 per cent, which was supposed to be final tax. That is before the House disagreed with me. But since I have dropped that one, I want to allay the fear that we are about to tax the matrimonial property which is subject to divorce. On the contrary, that (c) and (h) seeks to exempt it from the Capital Gains Tax. There should be no fear."
}