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{
"id": 971778,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/971778/?format=api",
"text_counter": 194,
"type": "speech",
"speaker_name": "Kipkelion East, JP",
"speaker_title": "Hon. Joseph Limo",
"speaker": {
"id": 1915,
"legal_name": "Joseph Kirui Limo",
"slug": "joseph-kirui-limo"
},
"content": "The reason for this amendment is that this Bill is proposing to give capital gain tax deduction for those investors who will invest in bulk storage and they invest up to Kshs10 billion. Our view was that Kshs10 billion is a bit high. We are proposing to amend it to 50 per cent which is Kshs5 billion. That is the reason for it."
}