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{
    "id": 685257,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/685257/?format=api",
    "text_counter": 107,
    "type": "speech",
    "speaker_name": "Hon. Katoo",
    "speaker_title": "",
    "speaker": {
        "id": 199,
        "legal_name": "Judah Katoo Ole-Metito",
        "slug": "judah-ole-metito"
    },
    "content": "There is the issue of housing, where it has been proposed in this Finance Bill that a Corporate Tax exemption of between 20 to 30 percent be given to developers who construct, at least, a thousand housing units in a year. However, the KRA has introduced a tax for residential houses, which is being paid by landlords. If you do that, landlords will transfer it to the tenants. Doing so may limit accessibility of good housing to our people. As much as you try to reduce the Corporate Tax, it is also good to look at it so that we do not get it out of one pocket and put it back through the other pocket. If you tax landlords, they will transfer it to the tenants and that brings some problems. Housing may become unaffordable in this country. Clause 24 of the Bill talks about VAT exemption. It has been noted that we have challenges of low tourist visits. However, when you go to the hotels that tourists visit, there is the issue of service charge. I support the proposal in the Bill to exempt hotel patrons from service charge, which is being referred as “lieu of tips” from VAT. This helps in removing double The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}