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{
    "id": 809805,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/809805/?format=api",
    "text_counter": 199,
    "type": "speech",
    "speaker_name": "Kikuyu, JP",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": " I was saying that I support the Chair’s position on the basis that it is the company that will pay out the winnings that will withhold this tax and remit it to KRA. The PIN information on the winner will be helpful to KRA to follow up later on Income Tax and other taxes. If you insist that you must have a PIN to tax the winnings, a lot of people will not be taxed on the winnings. The Government will lose revenue because you cannot collect tax from someone who does not have a PIN. It is only fair to allow the tax to be withheld whether or not you have a PIN. It is the same with shares at the Nairobi Stock Exchange (NSE). Whether you have a PIN or not, at the time you are being given dividends, the company withholds tax."
}